- The GST administration is promoting an Amnesty Scheme for taxpayers to settle pending tax obligations before the end of March, targeting outstanding GST disputes from Financial Years 2017-2020.
- Taxpayers can clear their dues by paying only the primary tax amount, receiving full exemption from penalties and interest charges if they adhere to the scheme’s requirements.
- The scheme also applies to situations involving formal orders issued by proper officers, allowing for a broader resolution of outstanding issues.
Source A2ztaxcorp