GST Advisory

GST Amnesty Scheme 2024: Deadline & Eligibility Guide

All you need to know about who qualifies, how to apply, and what penalties are waived under the GST Amnesty Scheme.

calendar_todayDecember 2024schedule5 min readpersonAnkit Shah & Co. LLP

What Is the GST Amnesty Scheme?

The GST Amnesty Scheme, notified by the CBIC under Section 128A of the CGST Act (inserted by Finance Act 2024), provides a one-time waiver of interest and penalties on demand notices for FY 2017-18, FY 2018-19, and FY 2019-20. Businesses that had genuine disputes and outstanding demand orders can now settle without the added burden of interest and penalty.

Who Is Eligible?

Eligibility is limited to cases where a demand order has been issued under Section 73 of the CGST Act — i.e., non-fraud cases. Businesses with demand orders under Section 74 (fraud, suppression, misstatement) are explicitly excluded.

  • Demand orders under Section 73 only (non-fraud)
  • Tax periods: FY 2017-18, 2018-19, and 2019-20
  • Must pay full tax amount by the notified deadline
  • Interest and penalty waived on full tax payment
  • Section 74 (fraud/suppression) cases are excluded

Application Deadline and Process

The scheme requires taxpayers to file Form GST SPL-02 on the GST portal and pay the outstanding tax (without interest/penalty) by the deadline notified by the government. Applications must be filed after payment, with proof of payment uploaded. Consult your CA before filing to ensure the correct demand order is being addressed.

Our Recommendation

If you have any open demand orders for FY 2017-19, this is a significant opportunity. The interest and penalty on a ₹10 lakh demand can easily exceed ₹5–8 lakh — waiving those amounts represents material savings. We recommend an immediate review of all pending GST demands to assess eligibility.

Primary Source

CBIC (Central Board of Indirect Taxes & Customs)

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