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XYZ Pvt. Ltd. Received Show Cause Notice from Department towards payment of Penalty related to the mistake committed by Transporter by not updating proper Vehicle Number in Part – B on the E Way Bill.1) Is it worth for XYZ to contest the SCN? 2) If Penalty has to be paid is there is any option to reduce the amount? 3) Is it compulsory to make payment of Tax charged on the Invoices along with Penalty as XYZ will be making the payment of the same at the time of filing the Return GSTR3B. 4) Whether XYZ can claim any amount paid in this event as refund?

Kaustubh Karandikar Asked question October 6, 2020