GST amnesty recognises adjusted tax payments from the original intimation date when assessing interest and penalty waiver eligibility.

GST amnesty recognises adjusted tax payments from the original intimation date when assessing interest and penalty waiver eligibility.
Case-Laws
GST
Tax paid through Form GST DRC-03 with an incorrect financial year can be adjusted against the relevant demand through Form GST DRC-03A. Under Rule 142(2B) of the CGST Rules, the adjusted amount is treated as paid towards that demand on the original DRC-03 intimation date. Accepted payment adjustments and appropriation of a pre-deposit that reduce outstanding principal tax to nil satisfy the principal-tax payment condition for interest and penalty waiver under Section 128A of the CGST Act. The competent authority must consider those adjustments in the Electronic Liability Register when examining the waiver application.
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