Sec 76 of cgst act
WebChapter V of Finance Act, 1994 6[Penalty for failure to pay service tax 76. (1) Where service tax has not been levied or paid, or has been short-levied or short-paid, or erroneously refunded, for any reason, other than the reason of fraud or collusion or wilful mis-statement or suppression of facts or contravention of any WebRecently, the Finance Act of 2024 received the President's assent on March 31, 2024. The Act introduces several amendments to the Goods and Services Tax (GST)…
Sec 76 of cgst act
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Web2 Jul 2024 · Section 76 deals with a situation of tax collected but not paid to Government. Any amount collected “as tax” under the GST Acts, must be remitted Immediately to the Government irrespective of whether the supplies made were taxable or not. WebWelcome to A2Z Taxcorp LLP. A2Z Taxcorp LLP is a boutique Indirect Tax firm having its offices at New Delhi and Guwahati specializing in GST, Central Excise, Custom, Service Tax, VAT, DGFT, Foreign Trade Policy, SEZ, EOU, Export – Import Laws, Free Trade Policy, etc. It is a professionally managed firm having a team of experienced and ...
Web30 Aug 2024 · Section 75 of CGST Act 2024: General Provisions relating to Determination of Tax (CHAPTER XV – DEMANDS AND RECOVERY) (1) Where the service of notice or … WebSection 74 of the CGST Act and is, thus, without authority of law. 30. It is also apparent from a plain reading of the counter affidavit that the impugned show cause notice was issued only to overcome the provisions of Rule 86A(3) of the Rules, which expressly provide that any restriction under Section 86A will cease to have effect after the
Web1 day ago · Bombay High Court held that extended period of limitation not invocable as there was no suppression, misrepresentation or fraud committed by the assessee. Facts- This is an appeal filed under Section 35 (G) of the Central Excise Act, 1944 at the behest of the Principal Commissioner of the Commissionerate of Goods and Services Tax impugning … WebSection 67 and 68 of the CGST Act, 2024 deals with the search and inspection of the business premises of the taxpayer to safeguard Government revenue, whereas Section 73 and 74 of the CGST Act, 2024 prescribes for determination of tax on the basis of findings of search and inspection or investigation of records of the taxpayers. Section 79 of ...
WebProvisions under Section 77 of the Central Goods and Services Tax (CGST) Act, 2024 relating to “Tax Wrongfully Collected and paid to Central Government or State …
Web1 day ago · 54 The aforesaid advance of Rs 3 840.51 crores was also violative of Section 188 of the Act read with Rule 15 of the Companies (Meetings of Board and its Powers) Rules 2014 because under these provisions, prior approval of the company was required to enter into purchase of goods from related parties amounting to 10% or more of turnover of … new years 1936Web1 Section 2 – Definitions. CGST ACT 2024. In this Act, unless the context otherwise requires,–– ... (76) “motor vehicle” shall have the same meaning as assigned to it in … new years 1930Web11 Apr 2024 · Taxpayers nationwide are subjected to the harsh consequences of Section 16(2)(c) of the Central Goods and Services Tax (“CGST”) / State Goods and Service Tax … milchcreme torteWebRecently, the Finance Act of 2024 received the President's assent on March 31, 2024. The Act introduces several amendments to the Goods and Services Tax (GST)… milch cows u boatsWeb27 Jun 2024 · Section 76 deals with a situation of “tax collected but not paid to Government. √ Any amount collected “as tax” under the GST Acts, must be remitted Immediately to the … mil chefsutbildningWeb10 Show cause notice under Section 76 In this booklet, we are going to cover show cause notice issued under Sections 73, 74 and 76 in particular. Nevertheless, the basic propositions in ... leviable as per the provisions of the Act. A show cause notice will be issued in similar form as was being done in erstwhile pre GST era but online ... milch deadwoodWebOkay, so Section 168A is also a lethal weapon? Have you noticed that the government has extended the time limit for issuance of SCN under Section 73 via… new years 1940