Kerala GST Dept issued clarification on Manner of penalty calculation under the IGST Act for the SCNs issued u/s 73(1)/74(1) of the KSGST Act read with S. 20 of the IGST Act
The Kerala SGST Policy Division issued a clarification on the manner of penalty calculation under the IGST Act, 2017 for show cause notices issued under sections 73(1)/74(1) of the KSGST Act, 2017 read with section 20 of the IGST Act, 2017. The clarification aims to ensure uniformity in the implementation of the provisions of law across field formations.
Source A2ztaxcorp