Personal Tax and Finance
February 21, 2025 at 10:12 AM
*Reminder for Taxpayers – Crucial March 2025 GST Tasks*
Most Important GST Compliance for March:
🔹 Section 128A Amnesty Application
🔹 Section 16(5) ITC Rectification
Key Deadlines:
✅ Section 128A Amnesty Scheme -For Section 73 Demands of period July 2017 to March 2020
✔ Pay full tax amount as per demand order by 31st March 2025 to qualify for interest & penalty waiver
✔ File waiver application (FORM GST SPL-2) by 30th June 2025
✔ If an appeal was filed earlier, it must be withdrawn to avail the scheme
✔ If matter is related to only 16(4), then recification to be filed by 8-4-2025 if originally ITC was availed by 30-11-2021