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waiver ✔ File waiver application (FORM GST SPL-2) by 30th June 2025 ✔ If an appeal was filed earlier, it must be withdrawn to avail the scheme ✔ If matter is related to only 16(4), then recification to be filed by 8-4-2025 if originally ITC was availed by 30-11-2021

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