What should be the contents of the settlement application?
Question 7
Bill
Settlement Commission
FAQ on GST dated 21.9.2016 based on Draft Model GST
Q 7. What should be the contents of the settlement application?
\nAns. The settlement application should contain full and true disclosure of:
\n i. tax Liability which has not been disclosed to the proper officer of IGST;
\n ii. manner of deriving such tax liability;
\n iii. additional amount of tax which he accepts to be payable;
\n iv.<\/p>\n
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