New GST Amnesty Scheme: Interest and Penalty Waiver Starting November 2024 – Who Benefits and How to
The Indian government has introduced a new GST Amnesty Scheme, effective from November 1, 2024, offering much-needed relief for taxpayers with pending GST dues. This scheme will provide waivers on interest and penalties for certain tax periods between July 1, 2017, and March 31, 2020. Businesses that qualify can apply for this waiver via the GST portal. Here’s everything you need to know about the scheme, who is eligible, and how to apply.
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