Extension of GST Notice Issuance under Section 73 and Orders for Financial Years 2018-19 and 2019-20

Recent regulatory changes have extended deadlines for issuing show cause notices and orders related to tax recovery under Section 73 for the financial years 2018–19 and 2019–20.

The amended deadlines for proceedings under Section 73, governing the issuance of show cause notices and orders related to the recovery of tax not paid, short paid, or input tax credit wrongly availed or utilized.

The timeline for issuing show cause notices is:

The deadline for issuing show cause notices under Section 73 for FY 2018–19 has been extended until 31/01/2024.(earlier, it was 31/12/2024) and For FY 2019-20, it is extended until 31/05/2024 (earlier, it was 31/03/2024).

The timeline for issuing orders is:

Orders related to tax recovery have been extended until 30/04/2024 (earlier, it was 31/03/204)  for FY 2018-19 and for FY 2019-20 has been extended until 31/08/2024 (earlier , it was 31/06/2024).

The official notification can be accessed at:

https://taxinformation.cbic.gov.in/view-pdf/1009964/ENG/Notifications

Disclaimer: The news articles and knowledge updates related to law, business, and finance published by us are intended to provide general information and basic understanding only and are not substitute for any professional or legal advice. By accessing and using the news articles and knowledge updates on our website, you acknowledge and agree to the terms of this disclaimer. We reserve the right to modify or update this disclaimer at any time without prior notice.