WebMar 14, 2024 · Goods and Services Tax - GST: The Goods and Services Tax (GST) is a value-added tax levied on most goods and services sold for domestic consumption. The … WebApr 8, 2024 · Ans. Section 73 invokes several circumstances as described below: Tax not paid. Tax short paid. Erroneously Refunded. Input Tax Credit wrongly availed. Input Tax Credit wrongly utilized. Q3. Does Section 73 invoke in matter related to Fraud or willful-misstatement? Ans.
Section 73 of CGST Act 2024 - caclubindia.com
WebJul 14, 2024 · The petition also challenges the constitutional validity of Section 9 (4) of CGST Act, Section 5(4) of The Integrated Goods and Services Tax Act, 2024 (IGST Act) and Section 9 (4) of DGST Act. It is pointed out that these provisions were not to be found in the model laws prepared by the GST Council. WebGoods and Services Tax ( GST) is a successor to VAT used in India on the supply of goods and services. GST is a digitalized form of VAT where you can also track the goods & services. Both VAT and GST have the same taxation slabs. It is a comprehensive, multistage, destination-based tax: comprehensive because it has subsumed almost all … hide the time on taskbar
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