Question 7 – Draft-Bills-Reports – Settlement Commission – FAQ on GST dated 21.9.2016 based on Draft Model GST – Question 7 – Q 7. What should be the contents of the settlement application? Ans. The settlement application should contain full and true disclosure of: i. tax Liability which has not been disclosed to the proper officer of IGST; ii. manner of deriving such tax liability; iii. additional amount of tax which he accepts to be payable; iv. other particulars such as misclassification, ex
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