CBIC notifies GST Amnesty Scheme Procedure and Conditions for Penalty and Interest Waiver

The CBIC has notified the GST Amnesty Scheme, outlining the procedure and conditions for the waiver of penalty and interest. Effective from November 1, 2024, taxpayers can apply for waivers using FORM GST SPL-01 or FORM GST SPL-02. The scheme applies to demands raised under Section 73 and erroneous refunds. Applications must be filed within three to six months from the date notified under Section 128A. Proper officers will review the applications and issue notices if the waiver claim is ineligible. This amendment aims to simplify the process for resolving GST disputes and encourage voluntary compliance.