This is in regard to recent news in one of the Official sources dated 19.10.2022 for an opportunity that could be given to businesses to settle minor GST offences in works.
This is to highlight that the Government is considering a GST dispute settlement scheme offering a time-bound scheme covering only minor GST offences while a one-time opportunity to settle past disputes under Excise Duty, Service Tax and Customs Duty.
A Government Official told the source, “Discussions are on to allow businesses to settle cases, and once we are ready with the details, it may be taken to the Council,”.
For any further clarification/doubt, feel free to contact GST professional. Our team of GST experts assist in comprehensive matters in regard to GST.
Source: Economics Times
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