Penalty under s.74 CGST reduced where tax and interest pre-paid; proceedings end on 15% penalty payment

Penalty under s.74 CGST reduced where tax and interest pre-paid; proceedings end on 15% penalty paymentCase-LawsGSTHC examined levy of penalty under s.74 CGST Act where tax with interest was paid prior to issuance of SCN. HC noted the distinction between

Penalty under s.74 CGST reduced where tax and interest pre-paid; proceedings end on 15% penalty payment
Case-Laws
GST
HC examined levy of penalty under s.74 CGST Act where tax with interest was paid prior to issuance of SCN. HC noted the distinction between s.74(5) and s.74(8), holding that on payment of tax, interest and 15% penalty after notice under s.74(1) read with s.74(3), further proceedings stand terminated. In this case, the petitioner had already discharged tax and interest pu

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