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TMI BlogInsertion of new section 128A.X X X X Extracts X X X X X X X X Extracts X X X X ..... anding anything to the contrary contained in this Act, where any amount of tax is payable by a person chargeable with tax in accordance with, (a) a notice issued under sub-section (1) of section 73 or a statement issued under sub-section (3) of section 73, and where no order under sub-section (9) of section 73 has been issued; or (b) an order passed under sub-section (9) of section 73, and where n ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... be deemed to be concluded, subject to such conditions as may be prescribed: Provided that where a notice has been issued under sub-section (1) of section 74, and an order is passed or required to be passed by the proper officer in pursuance of the direction of the Appellate Authority or Appellate Tribunal or a court in accordance with the provisions of sub-section (2) of section 75, the said notic ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nt of tax payable, if any, in accordance with the order of the Appellate Authority or the Appellate Tribunal or the court or the Revisional Authority, as the case may be, within three months from the date of the said order: Provided also that where such interest and penalty has already been paid, no refund of the same shall be available. (2) Nothing contained in sub-section (1) shall be applicable ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 142 of the Bill seeks to insert a new section 128A in the Central Goods and Services Tax Act, so as to provide for conditional waiver of interest and penalty in respect of demand notices issued under section 73 of the said Act for the Financial Years 2017-18, 2018-19 and 2019-20, except the demand notices in respect of erroneous refund. Further, it is proposed that in cases where interest and pena ..... X X X X Extracts X X X X X X X X Extracts X X X X
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