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Homeबड़ी सोचGST Amnesty Scheme 2024: Get answer for all your queries!

GST Amnesty Scheme 2024: Get answer for all your queries!

GST Amnesty Scheme 2024 : The GST Council recently introduce the concept of a GST Amnesty Scheme 2024, which allows taxpayers to challenge demand orders issue by tax inspectors from March 2024 until January 31, 2024. According to GST regulations, an assessed has three months from the issuance of an assessment order by the tax officer to initiate an appeal against it. The deadline can be extend by one month. During its meeting on Saturday, the 52nd GST Council extend the deadline for GST-register businesses to file appeals with a higher pre-deposit of 12.5% of the tax demand, up from the existing 10%.

GST Amnesty Scheme 2024 is a government initiative aimed at providing relief to taxpayers who may have inadvertently made errors or omissions in their GST filings. Under this scheme, taxpayers are given an opportunity to rectify any mistakes and comply with the GST regulations without facing penalties or prosecution. This scheme not only benefits individual taxpayers by reducing their financial burden but also helps the government in increasing compliance and revenue collection. By encouraging voluntary disclosure and correcting past non-compliance, the GST Amnesty Scheme 2024 promotes a culture of honesty and transparency in tax administration.

GST Amnesty Scheme 2024

The GST Amnesty Scheme 2024 has been propose by the Council, which permits taxpayers to appeal for all orders issue up until March 31, 2024, with an increased pre-deposit amount till January 31, 2024. Revenue Secretary Sanjay Malhotra announced this scheme at a press conference following a meeting. According to the scheme, at least twenty percent (20%) or 2.5% of the pre-deposit amount of 12.5% of the tax in dispute should be debit to the Electronic Cash Ledger. The move is aim at providing relief to taxpayers and encouraging them to resolve their pending disputes while also increasing revenue collection for the government.

The Indian government recently announced a GST Amnesty Scheme 2024, which will benefit numerous taxpayers who missed their appeal deadline in the past. In addition to this, the GST Council updated the GST legislation to ensure that temporarily attached property will be returned after a year, thus promoting ease of commerce. However, tax inspectors can still seize bank accounts and other assets belonging to GST-registered firms temporarily under the GST Act. It is important for businesses to stay aware of these regulations and comply with them to avoid any legal issues or penalties.

GST Amnesty Scheme

GST Amnesty Scheme 2024 Details

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Extended Appeal Period and Increased Pre-deposit

According to the current GST statute, taxpayers have three months from the date of receiving an assessment order from a tax officer to lodge an appeal against the order. In exceptional situations, this time period can be prolonged by one month. However, due to recent events and considering the difficulties faced by taxpayers in challenging economic conditions, the deadline for submitting an appeal has been considerably extended.

The Central Board of Direct Taxes (CBDT) has increased the pre-deposit amount required to file an appeal from 10% to 12.5% of the entire tax demand, and also extended the time limit for filing appeals. According to Sanjay Malhotra, the revenue secretary, this increased pre-deposit will apply to all orders passed through March 31, 2024. This move is aimed at reducing frivolous appeals and ensuring that taxpayers only file appeals that have a reasonable chance of success. It is crucial for taxpayers to understand these changes and take them into account while planning their tax strategies, as non-compliance with these requirements can result in penalties and legal consequences.

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Implications for Electronic Cash Ledger

One of the intriguing aspects of this announcement is its potential impact on taxpayers’ Electronic Cash Ledger accounts. Under the new regulations, taxpayers making a pre-deposit payment for an appeal must deduct at least 20% (i.e., 2.5%) of the disputed tax amount from their ledger accounts. This change has significant implications for businesses and individuals who rely on these accounts to manage their tax payments. It underscores the importance of staying up-to-date with changes in tax laws and regulations and taking proactive steps to ensure compliance with them.

The goal of this modification is to simplify financial transactions related to tax disputes and streamline the procedures for both taxpayers and authorities. It aims to facilitate the process for individuals who were previously unable or unwilling to submit their appeals within the designated deadlines due to various obstacles, such as time constraints.

A Boon for Taxpayers

The GST Council’s decision to extend the appeal filing timeline is expected to benefit numerous taxpayers who were previously unable to do so within the initial three-month timeframe. The move provides them with much-needed flexibility and relief amid ongoing economic challenges. This decision has been welcomed by taxpayers as it allows them to review their tax liability, claim refunds, and rectify any errors without facing undue pressure or time constraints. Overall, this move is likely to boost confidence among taxpayers and improve compliance rates while facilitating a smoother tax administration system.

The government’s commitment to enhancing the accessibility and user-friendliness of the tax system for taxpayers is further exemplified by this action. Its aim is to reduce the probability of disputes, boost compliance rates, and ultimately foster a more favorable environment for businesses operating under the GST regime through the extension of deadlines and higher pre-deposit requirements.

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GST Amnesty’s Implications

The amnesty announced by the government will provide relief to both individuals and companies who file appeals related to GST matters. This move is expected to benefit a large number of taxpayers who have ongoing appeals or are yet to file an appeal. With this judgment, people and businesses can avoid paying fines and other consequences that they would otherwise face. The amnesty is a welcome step that will help ease the financial burden on many taxpayers and provide them with much-needed respite during these challenging times.

A deadline extension can be a powerful tool to encourage compliance and resolve disputes in the tax system. By granting taxpayers more time to settle their tax problems and seek remedies, it can increase the likelihood of timely resolution and reduce the burden on both taxpayers and tax authorities. This is particularly important during times of economic uncertainty or other unforeseen circumstances that may affect taxpayers’ ability to comply with their obligations. Granting an extended deadline can also help foster a positive relationship between taxpayers and tax authorities by demonstrating flexibility and a willingness to work together towards a common goal.

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GST Amnesty Scheme For Various Tax Filers

The program is designe to help individuals and businesses file their unpaid GSTs, specifically focusing on GST R-4, GST R-9, and GST R-10. The main benefit of the program is the tax refund that it offers, along with the reduction of late fines. This can be a relief for those who might face severe consequences if they fail to file their taxes on time. Additionally, the proposal can assist in resolving the country’s backlog of unresolved tax filing issues. Overall, this program can help alleviate some of the financial burdens faced by taxpayers and improve the efficiency of tax filing processes.

  • Amnesty For GSTR-10 Non-Filers
  • Amnesty For GSTR-9 Non-Filers
  • Amnesty For GSTR-4 Non-Filers

Benefits of the GST Amnesty Scheme

  • Professional tax does not apply to female employees earning less than Rs. 25,000.
  • Payers are permit to make a single late payment of Rs. 1000 for each return.
  • This will offer a single opportunity for individuals who have not been filing their GST to take a break.
  • The regulations have common claims, but they come with conditions and limitations.
  • As a result, the individual who does not make payments will be exempt from any additional fees associate with participating in the streamlining process and will take the necessary steps to submit their GST for the upcoming financial year.


In this conclusion, Under this scheme eligible taxpayers will have the opportunity to rectify any past non-compliance issues without facing penalties or prosecution. This scheme is a step towards simplifying the tax system and encouraging voluntary compliance. It provides an opportunity for taxpayers to come forward, disclose any previously undisclosed liabilities, and pay the outstanding taxes with reduced penalties. By participating in the GST Amnesty Scheme 2024, taxpayers can avoid legal consequences while regularizing their tax affairs. This scheme is a win-win situation for both the government and taxpayers as it helps in increasing tax revenue and promoting a culture of voluntary compliance among taxpayers.

GST Amnesty Scheme FAQ’S

Who are eligible for GST amnesty scheme?

The Council has proposed the introduction of an amnesty program for individuals liable to pay taxes who were unable to submit an appeal against the demand order issued on or before March 31, 2024, as per section 73 or 74 of the CGST Act, 2017. This specific process will be conducted according to section 148 of the same Act.

Is there any GST amnesty scheme?

An amnesty scheme has been introduced by the GST Council, providing taxpayers with the opportunity to file appeals against demand orders issued by tax officers until March 2024. The deadline to file these appeals is set for January 31, 2024. Additionally, the scheme requires an increased pre-deposit of 12.5% of the tax demand.

What are the benefits of GST amnesty scheme?

The GST Amnesty scheme allows taxpayers to file their pending returns without incurring a hefty fine. It will help them in complying with the indirect taxation laws of the country.

Who is not eligible for GST refund?

A non-resident taxable person or casual taxable person would only be eligible for a refund if they have submitted all returns for the entire duration of their registration certificate.

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