Interest & Penalty waiver Scheme in GST| DRC 01| DRC 01A| DRC 07| BUDGET 2024 UPDATE

[@vipinaggarwaal2117]

What will be the implication, if all taxes have been already paid and the demand is only for interest and penalty, meaning only interest and penalty is pending payment and all taxes already paid in the past and before the introduction of sec 128A.

[@safarnama..jindgikamerinaz2437]

Thnx madam,very easy and detailed information.🙏🏻

[@avinashkumarnadewal2011]

Good video gst practicener worked

[@mukeshghatak2659]

It's nice and very useful

[@harshvardhansharma1409]

Mam mene ake gst band karwai thi lakin CA ne gstr10 nhi fill kiya to wo proper band nhi hui or us par penalty aa rahi he or CA keh raha he jab wave off scheme aayegi tab clear karunga to ye wave off scheme kab aayegi

[@likhitachilvery8517]

how can i utilize the sec128a while making payment of demand u/sec 73 related to FY 18-19

[@shrawan586]

Madam mujhe in the year 17-18 and 18-19 k case me notices aaye huye h only for interest payment under section 50. Then kya mujhe v waiver scheme ka fayeda mil jyega? Kya mujhe v is notice ko ignore karna chahiye? Mere case me sirf interest ka pmnt karne k liye notice aaya hua h. Pls suggest Mam

[@TaxwithoutTears]

Ideally and logically, your interest demands should be waived. But still it is suggested to kindly wait for the official notification (will discuss the same over here)

[@naveen5086]

I Have also received the same NOTICE, Please go and speak with the AO and explain the situation. Surely they will understand, if not, file an appeal and by the time the appeal comes for hearing, the official amendments would have be issued.

[@ajitray9679]

Same here 😢😢

[@ajitray9679]

​@@naveen5086same here 😢😢

[@ajitray9679]

Mam mera jo v tax payment tha wo Maine pura payment kr diya,or interest nhi pay kiya , ab mera gst v cancel kr diya, ab kya kru , please suggest

[@rajulkataria9115]

Mam by when notification will come for waiver for interest and penalty ?

[@ZOHANAHMED23]

Mam mera gst suo mo cancel h appel me file h to kiya mujhe gst me interest lagega

[@rakeshd8158]

Mam Gstr-3B late filing interest also waived under new notification?

[@ramugehlot1274]

Medam hum ne 2019-20 me gst 3b file karne me delayed kara Or hamara electronic credit ledger bill tha gst3b 6 days late file kare kya hame gst amnesty scheme me interest waive off hoga

[@shikhargupta8967]

Thanks for the information . We have received order u/s 73 but no appeal has been filed. Did we get the benefit of the same

[@TaxwithoutTears]

Yes you can get the benefit provided sec 128A gets implemented.

[@Prabhakar.Singh....]

drc-07 ka tax ka payment kaise kiya jayega please video upload kare

[@shyamalroy5707]

Payment towards liability

[@Jaikunar-e6d]

SIR, KYA 16(4) KA BENIFIT UPTO 30.11.21 TAK MILEGA KYA ISKA FY 17-18 SE 20-21 TAK KYA ISKA CIRCULAR AAYEGA

[@sanjanasharma0263]

What is the meaning of tax pays in sec 128A paid through itc or cash

[@globlesystemmuzzu6611]

Good morning mam My Davangere karnataka se hun,Mera 18-19 ka tax paid hai interest aur penalty ke liye 9th of August ko account 88k hold Kiya huva hai please kya karin,

[@sarveshbaranawal1832]

Good evening ma'am, nicely elaborated the notification👏 I want to ask that if my DRC07 order has been passed & i appealed to authority where proceeding is pending, then what is the time limit to withdraw it if wanna take this waiver benefit. In hope of ur response, thank you ma'am.

[@TaxwithoutTears]

Kindly wait for some time. Because this section is yet to be notified/implemented.

[@nileshsalunke1048]

Kya finance bill ke basis pe interest waiver ka benefit milega ya notification or circular issue honge isme ?

[@TaxwithoutTears]

Notification will be issued.

[@satyanarayanareddy8835]

Mam, Sec 128 , when is noticed date applicable

[@amitmondal2289]

Madam, We have received Order Against Notice SCN Sec 73 and we did not paid Tax, Interest and penalty as per order. Now what should i do. Shall I pay the full tax amount or filed Appeal and pay 10% of tax ? Please help me how could I wave int & penalty ?

[@TaxwithoutTears]

currently, it is better to file the appeal with 10%pre deposit.

[@ravindrayala8105]

Bank account locked by gst department for 2017 -18 under 73(9). Kya kare please reply

[@nileshsalunke1048]

Mujhe officer bol raha hai finance bill me aya hai interest waiver but notification issue nahi hua hai. Mera case 18-19 ka hai tax paid kar diya hai interest pending hai .

[@TaxwithoutTears]

Officer is correct. Notification for the same is yet to be issued.

[@motivationaladda4161]

is scheme me voluntary payment kar sakte he ...if notice is not issued

[@TaxwithoutTears]

YES

[@dharani288]

I have gst mismatch of 14k in itc in 18-19 but notice not came can i pay voluntarily without any penalty or interest now

[@motivationaladda4161]

i have the same question

[@brijeshacholia7583]

मुझे 2020 में सेक्शन 73 के तहत डिमांड आर्डर जारी हुआ था। जिस पर 56125 टैक्स ब्याज 44000 और पेनेल्टी 10000 रुपये थी और मैने उस पर rectification फ़ाइल की थी। 2024 में gst office की तरफ से order rectify किया गया और मेर डिमांड 15225 ब्याज 16780 और पेनेल्टी 10000 रुपये लगाई गई। मेने फरवरी 2024 में ये सब लगभग 42000 रुपये जमा कर दिए। क्या मेरा intrest व panelty waive off हो जाएगी।

[@TaxwithoutTears]

When you have already paid the amount, no question of waiver.

[@SurajGupta-hq2lk]

CA Mam.. Merko notice ayi thi DRCO7 US 73. I PAY tax amount through ITC already In DRCO3! Meri penalty and interest waiver ho jygi mam??

[@TaxwithoutTears]

Yes. But wait for the interst penalty waiver scheme to be notified through the notification.

[@SurajGupta-hq2lk]

​@@TaxwithoutTears CA Mam.. Drco7 demand order ayaa tha hamne tax pay kar diya .. But hamne appeal nii Kiya hai CA Mam.. To mereko penalty and interest waiver mil jygi ? 🙏. Please reply CA Mam 🙏. Kyunki Kahin se pata chal raha hai ki agar aap appeal filed nii kiye to waiver nii milegi !! Thoda clear kijiye CA Mam 🙏

[@amitroy4660]

Mam please notification link or pdf for download

[@amitroy4660]

Please send link official notifications 128 A Mam

[@anishgarg853]

GST Tax Terror