CBIC issues Guidelines for Recovery Proceedings under CGST Act, 2017

gst-recovery-proceedings

Small Introduction The scope of self-assessment tax has been widened by recent amendment in GST. As per the changes in the GST law effective January 1, GST officers have been  allowed to directly initiate recovery action against those errant businesses which showed higher sales in monthly return GSTR-1 but under-report it while tax payment in … Read more