The Government of West Bengal on March 13, 2025, issued clarification of various doubts related to section 128A of the WBGST Act 2017.
The following has been stated: -
•The West Bengal Goods and Services Tax (WBGST) Act has introduced Section 128A, effective from November 01, 2024, providing for the waiver of interest or penalty on demands for FY 2017-18 to 2019-20, subject to conditions.
•Rule 164 outlines the procedure for closure of proceedings under this section. The deadline for full payment to avail of the waiver is March 31, 2025, with specific provisions for re-determined tax.
•Payments made before or after Section 128A's implementation are eligible for the benefit if made before the notified date.
[Trade Circular No. 06/2025]
