Goods and Services Tax | ITC Reversal After 180 Days Does Not Automatically Attract Section 74 Penalty: GSTAT Thiruvananthapuram

GSTAT sets aside Section 74 penalty on delayed supplier payments, holding that audit detection and vague allegations do not prove wilful suppression. The post ITC Reversal After 180 Days Does Not Automatically Attract Section 74 Penalty: GSTAT Thiruvananthapuram appeared first on TaxGuru .