Recovery u/s 79

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..... Recovery u/s 79
Query (Issue) Started By: - SUBRATA RAY Dated:- 16-8-2022 Last Reply Date:- 17-8-2022 Goods and Services Tax - GST
Got 3 Replies
GST
During 3 months period of Appeal filin .....

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..... g can jurisdictional officer can initiate recovery proceeding against any demand under GST Reply By Ganeshan Kalyani: The Reply: No Sir. But you have give them in writing that you are going to file .....

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..... an Appeal against the Order passed by them. Then they will not follow up with you for recovery of tax. Reply By KASTURI SETHI: The Reply: Pl.disclose the full facts & circumstances. In case you hav .....

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..... e declared this very liability in GST returns or in statutory records, it means you have already admitted as per GST laws, and in such a situation, the department in initiate recovery proceedings unde .....

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..... r Section 79 of CGST Act, notwithstanding appeal period. You cannot adopt contradictory stand. Full and true facts are required to be disclosed for more accurate and fool proof reply. Reply By KASTU .....

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..... RI SETHI: The Reply: Section 79 of CGST Act corresponds to erstwhile Section 87 of the Finance Act, 1994 (Service Tax law). It is very 'dangerous' for assessee's point of view. In order t .....

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..... o avoid avoidable lapse, an assessee must be able to interpret, analyze and understand the contents thereof .
Discussion Forum - Knowledge Sharing .....

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