GSTN Advisory for Waiver Scheme under Section 128A
Introduction
Taxpayers are urged to take note of the recent advisory issued by the GSTN on November 8, 2024, regarding the Waiver Scheme under Section 128A. This scheme provides relief to taxpayers facing demand notices or orders issued under Section 73 for tax periods between July 2017 and March 2020. Below, we outline the key details and actions required to ensure compliance.
Key Highlights
Advisory and Resources
The official advisory can be accessed through the following link: Advisory on Waiver Scheme.
Applicability
The scheme applies to demand notices, statements, or orders issued under Section 73 for tax periods spanning July 2017 to March 2020.
Forms for Application
To avail of the benefits under this scheme, taxpayers are required to file applications through the GST portal using one of the following forms:
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FORM GST SPL-01: Availability pending on the GST portal (to be launched soon).
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FORM GST SPL-02: Already available on the GST portal for electronic filing.
Filing Process for FORM GST SPL-02
Detailed instructions for electronically filing FORM GST SPL-02 are provided in the help document available here: Help Document on Filing of SPL-02.
Steps to File SPL-02
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Log in to the GST portal with your credentials.
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Navigate to the Waiver Scheme section and select FORM GST SPL-02.
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Complete the form as per the guidelines outlined in the help document.
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Review and submit the application.
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Retain the acknowledgment for future reference.
Reporting Issues
In case of any difficulties encountered during the filing process, taxpayers can raise a ticket on the GST portal at Self-Service GST System. Use the category "Issues related to Waiver Scheme" for quick resolution.
Conclusion
The Waiver Scheme under Section 128A provides an excellent opportunity for taxpayers to resolve their tax obligations efficiently for the specified periods. Timely action and accurate filing are crucial to leveraging this benefit. Stay updated on the availability of FORM GST SPL-01 and ensure all submissions are completed within the stipulated timelines.