Notice received form gst drc-01a
This query is : Resolved
28 November 2019
A gst registered dealer intimation of liability u/s 73(5) u/s 74 (5) form gst drc-01a notice received.
Meaning of u/s 73(5) ,u/s 74(5) sections.
Meaning of u/s 73(5) ,u/s 74(5) sections.
29 November 2019
Section 73 speak about non payment or short payment of GST, Erroneous refund , wrong availment of Input tax credit for any reasons other than fraud,, willful misstatement and suppression of facts.
Section 73 (5) speaks about the payment of not paid or short paid GST, repay the err nous refund and make payment of wrong availment of GST ITC along with interest without serving notice on their own and inform the same to department in writing
Section 74 speak about non payment or short payment of GST, Erroneous refund , wrong availment of Input tax credit by the reasons of n fraud,, willful misstatement and suppression of facts.
Section 74 (5) speaks about the payment of not paid or short paid GST, repay the err nous refund and make payment of wrong availment of GST ITC along with interest & penalty @ 50% of GST amount without serving notice on their own and inform the same to department in writing
Read more at: https://www.caclubindia.com/experts/notice-received-form-gst-drc-01a--2771804.asp
Read more at: https://www.caclubindia.com/experts/notice-received-form-gst-drc-01a--2771804.asp
Section 73 (5) speaks about the payment of not paid or short paid GST, repay the err nous refund and make payment of wrong availment of GST ITC along with interest without serving notice on their own and inform the same to department in writing
Section 74 speak about non payment or short payment of GST, Erroneous refund , wrong availment of Input tax credit by the reasons of n fraud,, willful misstatement and suppression of facts.
Section 74 (5) speaks about the payment of not paid or short paid GST, repay the err nous refund and make payment of wrong availment of GST ITC along with interest & penalty @ 50% of GST amount without serving notice on their own and inform the same to department in writing
Read more at: https://www.caclubindia.com/experts/notice-received-form-gst-drc-01a--2771804.asp
Read more at: https://www.caclubindia.com/experts/notice-received-form-gst-drc-01a--2771804.asp
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- TDS U/S. 194NF
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- Applicable TDS rate for sale of property in Nov 2024
- GST ON EXPORT COMMISSION
- RCM INVOICING FROM NOV-2024
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
Trending Online Classes
CAclubindia
