GST: The CBIC has notified March 31, 2025, as last date to pay taxes under Section 128A for waiver of interest and penalties, due under a notice, statement, or order mentioned in clauses (a), (b), or (c) of Section 128A. If a notice was initially issued under Section 74 but later found unsustainable under that section, benefit under Section 128A is available if payment is made within 6 months of order date for redetermining tax under Section 73.(09.10.2024)

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The CBIC has notified March 31, 2025, as last date to pay taxes under Section 128A for waiver of interest and penalties, due under a notice, statement, or order mentioned in clauses (a), (b), or (c) of Section 128A. If a notice was initially issued under Section 74 but later found unsustainable under that section, benefit under Section 128A is available if payment is made within 6 months of order date for redetermining tax under Section 73. This notification shall be effective from 1st November 2024.

[Notification No. 21/2024–Central Tax dated 08.10.2024]