Saturday, March 6, 2021

GST evasion: CBIC asks field offices to exercise maximum caution, prudence in property attachment

CBIC has come out with guidelines for provisional attachment of property under GST Act which tasks the Commissioner to exercise due diligence and carefully examine all the facts of the case, including the nature of offence and amount of revenue involved, and also record on file the basis on which he/she has formed such an opinion to attach property of the taxpayer.

from Economy-News-Economic Times https://ift.tt/2OvlhVn
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