CBIC issues guidelines for early GST recovery in exceptional cases, allowing senior officers to direct tax dues recovery before 3 months.
The CBIC has issued guidelines for early GST recovery, allowing senior officers to direct tax dues recovery before the stipulated three months, in exceptional cases only. The aim is to balance revenue protection and ease of doing business, with reasons for early recovery presented by Deputy or Assistant Commissioners to Principal Commissioners or Commissioners of Central Tax, who must record the reasons in writing. Moore Singhi execu.
June 01, 2024
4 Articles