10 Key Questions on Demand and Recovery under GST

Under Goods and Services Tax Law, specific provisions have been laid down to levy penalty and interest in case of short-payment/ delayed payment/ non-payment of GST be it bonafide or in case of fraud/ suppression/ mis-statement etc. We take up 10 key questions pertaining to demand and recovery under GST: Q1. What if person chargeable…

Frequently Asked Questions (FAQs) on Goods and Services Tax (GST)

The Goods and Services Tax (GST) has been passed by Rajya Sabha and Lok Sabha. The new tax bill will bring enhanced efficiency and transparency. Moreover, the whole country will have a uniform tax structure, which will benefit not only manufacturers but also consumers. In this series of article, we present to you frequently asked…