This Tax Alert summarizes the recent Notification[1] and Circular[2] issued by Central Board of Indirect Taxes and Customs (CBIC) addressing certain issues related to availment of benefit of amnesty scheme under Section 128A of the Central Goods and Services Tax Act, 2017 (CGST Act).
Section 128A and Rule 164 were inserted in the CGST Act and Rules respectively,
to provide for waiver of interest and penalty w.r.t certain tax demands
pertaining to the period from 1 July 2017 to 31 March 2020.
Earlier, Circular No. 238/32/2024-GST dated 15 October 2024 was issued by CBIC
to clarify various issues related to implementation of the said provisions.
Based on further representations concerning applicability of amnesty scheme in
cases where payments have been made through GSTR-3B instead of DRC-03, and the
consolidated demand notices or adjudication orders have been issued covering
period other than those specified under Section 128A. CBIC has clarified as
follows: