Understanding the GST Amnesty Scheme


	tulsyanvns2@gmail.com +91-9415202242 ANIL KUMAR TULSYAN & CO. LLP CHARTERED ACCOUNTANTS CA KISHAN TULSYAN ( PARTNER ) Established 1989


	Home Team Team Group Staff Partner at Social Staff at Work Services Income Tax GST Corporate Services Audit Corporate Finance Services for Non-Residents Accounting Services Payroll Benefits of Outsourcing TDS Corporate Governance ICAI Standard Fees Office View Gallery Blog Knowledge Bank Calculators GST Calculator Tax Calculator TDS Calculator Calculate Net Profit Calculate Net Worth Effective Capital HRA NSC EMI Auto Loan Calculator Home Loan Calculator Get No. Of Installment RERA Calculator Developers Calculator Home Buyer Delay Interest Home Buyer Refund Bulletins RBI SEBI Notification Circular Income Tax Service Tax Central Sales Tax Excise Matters Customs Company Law Labour Laws FEMA The LLP Act 2008 Accounting Standard (INDAS) Others GST VAT Delhi VAT Maharastra VAT Gujarat VAT Telangana VAT Tamil Nadu VAT IGST UTGST Compensation Cess IBC Regulation Utilities Rates of TDS TDS Rates for N.R.I us 195 Rates of Income Tax Depreciation Rates Companies Act Depreciation Rates Income Tax Act ROC Filing Fees (Cos Act, 2013) ROC Fee Structure (Cos Act, 2013) Cost Inflation Index IFSC Codes MICR Codes Rates of NSC Interest Gold and Silver Rates Rates of Stamp Duty LLP Fees National Industries Classification HSN Rate List Deduction u/s 80TTA Vs 80TTB Links Quick Links Important Links GST/VAT Links Ease Of Doing Business Acts Direct Tax Income Tax Act Wealth Tax Act Income Declaration Scheme 2016 Indirect Tax Service Tax(Finance Act, 1994) Central Sales Tax Act, 1956 The Central Excise Act, 1944 Customs Act, 1962 Entry Tax Act Corporate Laws Companies Act, 2013 Companies Act, 1956 LLP ACT SEBI Act, 1992 VAT Laws Delhi Value Added Tax Act, 2004 MVAT Act, 2002 West Bengal VAT Act, 2003 Tamilnadu VAT ACT, 2006 Karnataka Value Added Tax Act, 2003 Gujarat Value Added Tax Act, 2003 UP VAT Act, 2008 Rajasthan Value Added Tax Act, 2003 Punjab Value Added Tax Act Haryana Value Added Tax Act Telangana VAT Act 2005 Andhra Pradesh VAT Act, 2005 Bihar Value Added Tax Act, 2005 Other Statutes ESI Act, 1948 PF Act, 1952 Profession Tax Act The Indian Partnership Act, 1932 Societies Registration Act, 1860 Competition Act, 2002 Reserve Bank of India Act, 1934 MRTP Act, 1969 Equalisation Levy Act, 2016 Right To Information Act, 2005 FEMA, 1999 Maharashtra RERA RERA, 2016 Insolvency & Bankruptcy Code, 2016 Benami Property Act 1988 GST Laws IGST Act , 2017 CGST Tax Act, 2017 UTGST Act, 2017 GST (Compensation to States) Act Rules Direct Tax Rules Income Tax Rules Wealth Tax Rules 1957 Income Declaration Scheme Rules 2016 Indirect Tax Rules GST Valuation Rules , 2016 Service Tax Rules CST (Delhi) Rules, 2005 CST (Maharashtra) Rules Customs Valuation Rules Cenvat Credit Rules, 2017 Entry Tax Rules Corporate Laws Rules Companies Rules, 2014 LLP Rules, 2009 LLP Winding up Rules, 2012 Cos Unpaid Dividend Rules, 1978 VAT Laws Rules Delhi VAT Rules, 2005 Maharashtra VAT Rules, 2005 West Bengal VAT Rules, 2005 Tamilnadu VAT Rules, 2007 Karnataka VAT Rules, 2005 Gujarat VAT Rules, 2006 Uttar Pradesh VAT Rules, 2008 Rajasthan VAT Rules, 2006 Punjab VAT Rules Haryana VAT Rules, 2003 Telangana VAT Rules 2005 Andhra Pradesh VAT Rules, 2005 Bihar Value Added Tax Rules, 2005 Other Statutes Profession Tax Rules NBFC Deposits Directions, 1998 NBFC & Misc NBC (Advt) Rules, 1977 NBFC Auditor Report Directions, 2008 Delhi Labour Welfare Fund Rules, 1997 Cost records and audit Rules, 2014 Baggage Rules, 2016 Equalisation Levy Rules, 2016 NCLT And NCLAT Rules Insolvency & Bankruptcy Rules Benami Property Rules, 2016 GST Rules CGST Rules, 2017 IGST Rules 2017 Forms Income Tax Forms ROC Forms (Cos Act, 2013) ROC Forms (Cos Act, 1956) Income Declaration Forms Wealth Tax Forms Service Tax Forms Companies Unpaid Dividend Forms NBFCs Forms LLP Winding up FEMA Forms LLP Forms CGST Forms GST Forms Accounts and Records Advance Ruling Appeals and Revision Assessment and Audit Composition Demands and Recovery Input Tax Credit Inspection, Search and Seizure Offences and Penalties Payment of Tax Refund Registration Returns Transitional Provisions Value of Supply Query Careers Admin Login Email Login Time Sheet Contact Us


	Blog Categories All GST_Updates (1) GST > GST Updates Understanding the GST Amnesty Scheme Category: GST_Updates, Posted on: 22/10/2024 , Posted By: CA Kishan Tulsyan Visitor Count:11 GST Amnesty Scheme Extended Time Extended Till December 2024 In a significant relief to businesses the Indian government has extended the GST Amnesty Scheme until December 31 2024 This extension provides a golden opportunity for businesses who have defaulted in filing their GST returns to regularize their compliance with reduced penalties and interest waivers What is the GST Amnesty Scheme The GST Amnesty Scheme was introduced to help businesses struggling with GST compliance Many taxpayers who failed to file their returns on time faced penalties interest and the risk of having their GST registration canceled This scheme allows businesses to file overdue returns with substantially reduced late fees Whether you have missed filing GSTR3B GSTR1 or GSTR4 this scheme offers a second chance to get things right Plus if your GST registration was canceled due to nonfiling you can apply for re-registration and revive your business legally Why is This Extension Important This extension gives businesses more time to comply without the financial strain of paying high penalties Missing this deadline could result in paying full penalties interest and other legal complications Take action before it is too late *Key Benefits* Extended Deadline File your pending returns by December 31 2024 Reduced Penalties File now to avoid hefty late fees Re-registration Opportunity If your registration was canceled you can apply for reactivation Compliance Made Easy Get your business back on track without financial strain *Act Now* The GST Amnesty Scheme is your last chance to avoid serious penalties As a professional in the field I would strongly advise all taxpayers to act fast and take full advantage of this scheme Regularize your filings apply for re-registration and ensure that your business is fully compliant For more detailed insights tips and updates on GST compliance visit the Blog Section of ANIL KUMAR TULSYAN CO LLP Our team regularly shares expert advice on important topics that can help your business navigate the complex world of taxation Stay updated stay compliant and visit our blog for more indepth articles Regards CA Kishan Tulsyan ACA (ICAI)_ Exec MBA (IIM) CCAB (ICAI)_ LLB 919559494949 *2024 Anil Kumar Tulsyan Co LLP All Rights Reserved* All content including text images and graphics is the intellectual property of Anil Kumar Tulsyan Co LLP Unauthorized use and or duplication of this material without express and written permission is strictly prohibited Disclaimer: The content of the blog does not create any responsibility of the firm / its authorized persons whose website is being accessed. The blog is not for legal use. Kindly verify the correctness of data/contents from your own sources. This is only for information purpose. To Activate comments you need to provide details for google authentication and facebook authentication

294304 Times Visited