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Timely payment of tax dues is a critical responsibility for every registered taxpayer under the GST regime. However, there may be genuine circumstances where a taxpayer is unable to pay the entire tax liability in a lump sum. Recognising such situations, Section 80 of the CGST Act, 2017, provides a mechanism to ease the burden […]

Timely payment of tax is one of the core obligations of any taxpayer under the GST regime. But what happens when a registered person fails to pay the tax dues? Section 79 of the CGST Act, 2017 provides a comprehensive framework for the recovery of unpaid tax, interest, penalty, or any other amount due to

The GST regime in India is governed by a well-structured legal framework, aimed at ensuring transparency and timely compliance. One such crucial provision under the CGST Act is Section 78, which deals with the initiation of recovery proceedings. This section plays a significant role in ensuring the timely collection of tax dues and safeguarding the

Under the GST regime, tax classification plays a crucial role in determining the correct nature of a supply — whether it is intra-State or inter-State. However, genuine errors may occur, especially in the initial stages of GST implementation, leading to wrongful tax payments. To address such situations, Section 77 of the CGST Act, 2017 provides

Under the GST regime, Section 76 of the CGST Act plays a crucial role in ensuring accountability among registered taxpayers. This section addresses situations where any person collects tax from others but fails to remit it to the Government. Whether the underlying supply is taxable or not, the obligation to pay the collected amount to

The CGST Act, 2017, lays down a structured framework for tax administration in India. Among its provisions, Section 75 of the CGST Act plays a crucial role in governing the general provisions related to the determination of tax. It sets forth the procedural rules, timelines, and principles to be followed by tax authorities during the

The Finance Act (No. 2) of 2024 introduced Section 74A to the CGST Act, bringing clarity and structured timelines to address instances where tax has not been paid, short paid, erroneously refunded, or where input tax credit (ITC) has been wrongly availed or utilised. This new provision is applicable for the financial year 2024–25 onwards

Section 73 of the CGST Act, 2017 plays a crucial role in the determination and recovery of taxes where there is no element of fraud, wilful misstatement, or suppression of facts. The section specifically applies to cases where tax has been short paid, not paid, erroneously refunded, or input tax credit (ITC) has been wrongly

GST launched on 1st July 2017, brought about a unified and comprehensive taxation system across the country. To ensure its effective implementation, the CGST Act lays down various provisions regarding administration and enforcement. Among these, Section 72 of the CGST Act, 2017, plays a crucial role by ensuring support from various officers across departments. This

Businesses registered under the GST regime in India must comply with various statutory requirements, including the maintenance of proper records and making them accessible to GST authorities when needed. One of the important provisions related to compliance and transparency under the CGST Act is Section 71 – Access to Business Premises. This section empowers GST