GST-Goods and Service Tax - 332. page

Goods and Services Tax Act – GST Law

No suppression if department aware of facts : Extended period of five years is not applicable for any omission on part of assessee, unless it is a deliberate attempt to […]

Mere inaction or mere non-disclosure is not Suppression of Facts : Suppression means not providing information which the person is legally required to state, but is intentionally or deliberately not […]

No suppression if all facts were disclosed : If all facts have been disclosed to department, extended period is not applicable – Nestler Boilers (P.) Ltd. v. Collector – 1990 […]

Suppression should be wilful : Supreme Court in Rainbow Industries v. CCE – 1994 (74) ELT 3 (SC) = 1994 (6) SCC 563 = AIR 1994 SC 2783 = 1994 […]

Demand when there is fraud, wilful mis-statement or suppression of facts : Where it appears to proper officer that any tax has not been paid or short paid or erroneously […]

Meaning of fraud or any wilful-misstatement or suppression of facts to evade tax Time limit for raising demand and penalty amount increases if there is charge of fraud or any […]

Demand when no charge of fraud, wilful mis-statement or suppression of facts : Where it appears to the proper officer that any tax has not been paid or short paid […]

Demands for tax short paid or not paid or erroneously refunded : Since tax is payable on self assessment basis, it is possible that the taxable person may not have […]

Power of CAG to call for information for audit : C&AG can conduct audit of taxable persons also, termed as CERA Audit. C&AG is an authority appointed under Article 148 […]

Special audit by Chartered/Cost Accountant : If at any stage of scrutiny, enquiry, investigation or any other proceedings before him, any officer not below the rank of Assistant Commissioner, having […]