Prelims-IAS – MCQ -18

1.. With regard to the judge of a High Court, consider the following statements: He can be removed from his office by the Governor on the recommendation of the President. He can resign from his office by writing to the President. Which of the statements given above is/are correct? (a) 1 only (b) 2 only […]

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Prelims-IAS – MCQ -17

1.. Which of the following qualifications are laid down by Constitution and the Parliament, for a person to be chosen a member of the Parliament? He must be a citizen of India. He must be registered as an elector in the parliamentary constituency from where he wishes to contest the elections. He must be a […]

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What happens if a person collects tax from another person but does not deposit the same with Government under GST?

It is mandatory to pay amount, collected from other person representing tax under this act, to the government. For any such amount not so paid, proper officer may issue SCN for recovery of such amount and penalty equivalent to such amount. {Sec.76 (1&2)} 9 total views, 9 views today

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What will happen in cases where notice is issued but order has not been passed under section 73 & 74 within time specified for adjudication under these sections under GST?

Section 75 (10) provides for deemed conclusion of the adjudication proceedings if the order is not issued within time limit prescribed under these sections. 9 total views, 9 views today

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In case a notice is adjudicated under Section 74 and order issued confirming tax demand and penalty, does the noticee have any option to pay reduced penalty under GST?

Yes. if any person pays the tax determined by the order along with interest and a penalty equivalent to 50% of such tax within thirty days of the communication of order, all proceedings in respect of the said tax shall be deemed to be concluded. {sec.74 (11)} 9 total views, 9 views today

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If notice is issued under Section 74 and thereafter the noticee makes payment, is there any need to adjudicate the case under GST?

Where the person to whom a notice has been issued under sub-section (1) of section 74, pays the tax along with interest with penalty equal to 25% of such tax within 30 days of issue of notice, all proceedings in respect of such notice shall be deemed to be concluded. {sec.74 (8)} 6 total views, 6 views […]

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Is there any immunity to a person chargeable with tax in cases of fraud/suppression of facts/ willful misstatement, who pays the amount of demand along-with interest before issue of notice under GST?

Yes. Person chargeable with tax, shall have an option to pay the amount of tax along with interest and penalty equal to 15% percent of the tax involved, as ascertained either on his own or ascertained by the proper officer, and on such payment, no notice shall be issued with respect to the tax so […]

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