Under the GST Amnesty Scheme 2024, taxpayers are provided with a waiver of interest and penalty for demand notices, statements, or orders issued under Section 73 of the CGST Act for tax periods ...

In a new advisory dated January 14, 2025 GSTN said certain taxpayers are are advised to submit their request for withdrawal ...

Finance Minister Nirmala Sitharaman may announce an Amnesty Scheme for customs in the upcoming Budget to reduce litigation and foster ease of doing business. This potential scheme aligns with the ...

In 2024, among all the beneficiaries of the scheme, 42 per cent are the same people who have been availing of benefits since ...

Finance Minister Nirmala Sitharaman may introduce a Customs Amnesty Scheme in the upcoming budget to simplify business processes and reduce litigation. Industry experts support this move to address ...

The backlog of appeals at various layers of tax litigation/dispute resolution is not only huge, but growing even in ...

GST Council in its 53 rd meeting recommended insertion of Section 128A of the CGST Act, giving relief to the registered person from interest and penalties for the financial years 2017-18 to 2019-20 ...

The budget aims to include key sectors under GST, streamline assessment processes, and provide clarity on plant and machinery ...

Customs law has several types of disputes such as disputes related to classification, duty benefits/concessions, valuation of ...

In a bid to reduce litigation, Finance Minister Nirmala Sitharaman in the upcoming Budget may announce an Amnesty Scheme for customs to foster ease of doing business.

Industry experts anticipate that Finance Minister Nirmala Sitharaman may announce an Amnesty Scheme for customs in the upcoming Budget, aiming to reduce litigation and promote ease of doing business.