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WORKS CONTRACTORS - TDS DATA

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..... respected sir, in the light of insertion of sec128A , please discuss this issue. gst department has issued orders under SEC-74 during fy 2017-18,18-19,19-20 in the case of govt works contractors who did not disclose turnovers in GSTR-3B returns. , based on data received from GSTR-7 returns (tds 2%)filed by contractee departments. please let me know whether , in above conditions orders under sec 73 .....

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..... or sec 74 sustainable under gst law or not. thanking you sir - Reply By Sadanand Bulbule - The Reply = Dear Sir The benefit of waiver of interest and penalty is available only in respect of an adjudication order passed under Section 73 of the Act. Since the impugned orders are already issued under Section 74, the benefit of Section 128A is not available in your case. You may double check this pos .....

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..... ition. - Reply By SVSTRADERS SVSTRADERS - The Reply = ok sir. but my query is whether passing orders under SEC 74 is sustainable under law in above stated circumstances. my opinion is tds based assessment should be done under SEC 73 only. but not under sec 74. please discuss . is there any case law available in this regard. thanking you - Reply By Sadanand Bulbule - The Reply = Dear As long as the .....

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..... re is apparent suppression of facts leading to evasion of tax, adjudication under section 74 is attracted. Number of case laws are available on TMI Articles segment. Plz check. - WORKS CONTRACTORS - TDS DATA - Query Started By: - SVSTRADERS SVSTRADERS Dated:- 16-10-2024 Last Replied Date:- 16-10-2024 Goods and Services Tax - GST - Got 3 Replies - GST - Discussion Forum - Knowledge Sharing, repl .....

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..... y post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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