Pena;lty rebate before order passed and after order passed

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..... Pena;lty rebate before order passed and after order passed
Query (Issue) Started By: - KALLESHAMURTHY MURTHY Dated:- 21-1-2025 Goods and Services Tax - GST
GST
>Dear Sirs, >Tax paid after .....

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..... the time limit attracts a 100% penalty before the order is passed. If the Taxpayer has paid the tax with interest after the order is passed within the time limit, he will get a 50% rebate on the pena .....

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..... lty. Doesn't such a circumstance cause injustice to the Taxpayer who paid the tax before the order passed? >For example, >ABC received SCN on 20-09-2024, the tax due was paid belatedly on 3 .....

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..... 1-10-2024. and the Order was passed on 30-11-2024 levying a 100% penalty for the delayed payment. >XYZ received SCN on 20-08-2024 and did not pay the tax. The order was passed on 30-11-2024. The t .....

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..... ax due was paid on 26-12-2024. and gets a 50% rebate on penalty. >ABC was deprived of a 50% penalty rebate for early payment before the order passed.
Discussion Forum - Knowledge Sharing .....

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