29.12.2023: CBIC notifies extension of time limit for issuance of SCN and Order for any reason other than fraud etc, for FY 2018-19 and 2019-20

The CBIC vide Notification No. 56/2023-Central Tax dated 28.12.2023, notifies for extending the time limit specified u/s 73(10) for issuance of Order u/s 73(9) for recovery tax short paid or not paid or ITC wrongly availed or utilised for any reason other than fraud or any wilful- misstatement or suppression of facts.

The extension specifically relates to the issuance of orders under Section 73(9) of the CGST Act pertaining to the financial years 2018-19 and 2019-20 as under:

  • FY 2018-19 , Up to 30th April, 2024 
  • FY 2019-20, Up to 31st August, 2024

Earlier, CBIC vide Notification No, 09/2023-Central Tax dated 31.03.2023, extended the time limit as under

  • FY 2018-19 , Up to 31st Mar, 2024 
  • FY 2019-20, Up to 30th Jun, 2024

The Notification can be accessed at https://taxo.online/wp-content/uploads/2023/12/gst-ct-56-2023.pdf

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