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GST Anti-Profiteering Clarification: 18% Interest Applies Prospectively from April 1, 2020
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๐ฃ๐ฒ๐ป๐ฎ๐น๐๐ ๐๐ป๐ฑ๐ฒ๐ฟ ๐ฆ๐ฒ๐ฐ๐๐ถ๐ผ๐ป ๐ฎ๐ณ๐ฌ๐ โ ๐จ๐ป๐ฑ๐ฒ๐ฟ๐ฟ๐ฒ๐ฝ๐ผ๐ฟ๐๐ถ๐ป๐ด ๐๐ ๐ ๐ถ๐๐ฟ๐ฒ๐ฝ๐ผ๐ฟ๐๐ถ๐ป๐ด ๐ผ๐ณ ๐๐ป๐ฐ๐ผ๐บ๐ฒ
๐ฃ๐ฒ๐ป๐ฎ๐น๐๐ ๐๐ป๐ฑ๐ฒ๐ฟ ๐ฆ๐ฒ๐ฐ๐๐ถ๐ผ๐ป ๐ฎ๐ณ๐ฌ๐ โ ๐จ๐ป๐ฑ๐ฒ๐ฟ๐ฟ๐ฒ๐ฝ๐ผ๐ฟ๐๐ถ๐ป๐ด ๐๐ ๐ ๐ถ๐๐ฟ๐ฒ๐ฝ๐ผ๐ฟ๐๐ถ๐ป๐ด ๐ผ๐ณ ๐๐ป๐ฐ๐ผ๐บ๐ฒ Under Section 270A of the Income Tax Act, underreporting of…