TIME LIMIT FOR ISSUE NOTICE U/S 122, Goods and Services Tax - GST

[ajay chharia]

SIR,

IS THERE ANY TIME LIMIT FOR ISSUING NOTICE U/S 122 OF THE CGST ACT,2017

Posts / Replies

[Sadanand Bulbule]

There is no time limit fixed to levy penalty under Section 122. However incontrovertible evidence is required to be placed on record to allege the commission of specific offence before issuing SCN. And this alone decides the precise amount of penalty to be levied for the gravity of each offence. Further there is immunity from levying penalty under Section 75(13) and explanation-ii appended to Section 74 and Section 74A.