Important Keywords: Notification No. 21/2024 – Central Tax: Seeks to notify date under sub-section (1) of Section 128A of CGST Act, Section 128A CGST Act 2017, Notification No. 21/2024–Central Tax, Section 75 CGST Act 2017, Section 73 CGST Act 2017,
Table of Contents
[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii)]
Government of India
Ministry of Finance
(Department of Revenue)
Central Board of Indirect Taxes and Customs
New Delhi, the 8th October, 2024
Notification No. 21/2024 – Central Tax: Seeks to notify date under sub-section (1) of Section 128A of CGST Act.
S.O…..(E).–In exercise of the powers conferred by sub-section (1) of section 128A of the Central Goods and Services Tax Act, 2017 (12 of 2017) (the said Act), the Central Government, on the recommendations of the Council, hereby notifies the respective date specified in Column (3) of the Table below, as the date upto which payment for the tax payable as per the notice, or statement, or the order referred to in clause (a) or clause (b) or clause (c) of the said section, as the case may be, can be made by the class of registered person specified in the corresponding entry in column (2) of the said Table, namely:–
Table
| Sl. No. | Class of registered person | Date upto which payment for the tax payable as per the notice or statement or the order referred to in clause (a) or clause (b) or clause (c) of section 128A of the said Act, as the case may be, can be made for waiver of interest, or penalty, or both, under the said section. |
| (1) | (2) | (3) |
| 1 | Registered persons to whom a notice or statement or order, referred to in clause (a) or clause (b) or clause (c) of section 128A of the said Act, has been issued. | 31.03.2025 |
| 2 | Registered persons to whom a notice has been issued under sub-section (1) of section 74, in respect of the period referred to in sub-section (1) of section 128A of the said Act, and an order is passed or required to be passed by the proper officer in pursuance of the direction of the Appellate Authority, or Appellate Tribunal, or a court, in accordance with the provisions of sub-section (2) of section 75, for determination of the tax payable by such person, deeming as if the notice were issued under sub-section (1) of section 73 of the said Act. | Date ending on completion of six months from the date of issuance of the order by the proper officer redetermining tax under section 73 of the said Act. |
2. This notification shall come into effect from the 1st day of November, 2024.
[No. CBIC-20006/20/2023-GST]
(Raghavendra Pal Singh)
Director
Frequently Asked Questions (FAQs)
Q1: What is Notification No. 21/2024 – Central Tax?
Answer:
This notification, issued under Section 128A of the CGST Act, provides deadlines for registered taxpayers to pay their pending tax dues while availing waiver of interest and penalties. The notification specifies two key deadlines for different categories of taxpayers.
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Q2: Who can benefit from this notification?
Answer:
The notification applies to two main categories of registered taxpayers:
✔️ Those who have received a notice, statement, or order under Section 128A – must pay by 31st March 2025.
✔️ Those whose cases fall under Section 74 (fraudulent tax evasion cases) but are re-determined under Section 73 – must pay within six months from the revised order.
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Q3: What is the deadline for payment under this notification?
Answer:
31st March 2025 → For taxpayers with pending dues under Section 128A.
Six months from tax redetermination under Section 73 → For taxpayers previously under Section 74 but later reclassified.
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Q4: How does this affect businesses with GST disputes?
Answer:
Businesses with ongoing GST disputes can now:
✔️ Settle outstanding tax dues without incurring additional penalties.
✔️ Avoid long legal battles by opting for re-determination under Section 73.
✔️ Gain clarity on compliance obligations moving forward.
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Q5: How does this notification impact taxpayers under Section 74?
Answer:
If a taxpayer was originally issued a notice under Section 74 (fraudulent tax evasion) but is later reclassified under Section 73, they can now settle dues within six months of receiving the revised tax order.
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Q6: What happens if a taxpayer misses the deadline?
Answer:
If a taxpayer fails to pay within the deadline, they will:
🚨 Lose the waiver of interest and penalty benefits.
🚨 Face additional interest and penalties as per GST laws.
🚨 Risk legal enforcement actions by tax authorities.
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Q7: How does this notification benefit small businesses?
Answer:
Small businesses with outstanding GST liabilities can:
✔️ Clear dues with minimal financial burden.
✔️ Improve compliance ratings for future transactions.
✔️ Avoid costly legal disputes with tax authorities.
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Q8: Does this apply to GST-registered e-commerce businesses?
Answer:
Yes, e-commerce sellers with pending GST disputes can avail of the waiver benefits under Section 128A by making payments before the deadline.
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Q9: How can businesses prepare for this deadline?
Answer:
Businesses should:
✔️ Review outstanding GST notices and tax statements.
✔️ Consult a tax expert to determine eligibility for waivers.
✔️ Plan timely payments to avoid last-minute issues.
📌 Get tailored GST compliance strategies from Finodha
Q10: Where can businesses find the official notification?
Answer:
The full notification is available on:
✔️ CBIC Official Website → https://www.cbic.gov.in
✔️ GST Portal → https://www.gst.gov.in
✔️ Finodha’s GST updates section for simplified interpretations.
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Conclusion
🚀 Notification No. 21/2024 – Central Tax provides a one-time opportunity for taxpayers to clear their dues with waived penalties and interest. Businesses and individuals must act before 31st March 2025 to take full advantage of this relief measure.
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Download PDF: Notification No. 21/2024 – Central Tax
Read More: Seeks to amend Notification No 12/2017- Integrated Tax (Rate) dated 28.06.2017.
More Information: https://taxinformation.cbic.gov.in/
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