Tuesday, October 30, 2018

Rule 142A of CGST Rules 2017 : Procedure for recovery of dues under existing laws.

Rule 142A of CGST Rules 2017

Summary of Rule 142A of CGST Rules 2017 

Rule 142A of CGST Rules 2017  deals with ” Procedure for recovery of dues under existing laws ” and inserted by Notification No 60/2018 Central Tax : CGST (13th Amendment ) Rules 2018 Dated 30.10.2018 :

Rule 142A of CGST Rules 2017

“142A. Procedure for recovery of dues under existing laws.

(1) A summary of order issued under any of the existing laws creating demand of tax, interest, penalty, fee or any other dues which becomes recoverable consequent to proceedings launched under the existing law before, on or after the appointed day shall, unless recovered under that law, be recovered under the Act and may be uploaded in FORM GST DRC-07A electronically on the common portal for recovery under the Act and the demand of the order shall be posted in Part II of Electronic Liability Register in FORM GST PMT-01.

(2) Where the demand of an order uploaded under sub-rule (1) is rectified or modified or quashed in any proceedings, including in appeal, review or revision, or the recovery is made under the existing laws, a summary thereof shall be uploaded on the common portal in FORM GST DRC-08A and Part II of Electronic Liability Register
in FORM GST PMT-01 shall be updated accordingly.”.

 

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