Awfis said it has received copies of orders from Mumbai’s joint commissioner of state tax directing the banks to attach the accounts under Section 83 of CGST Act, 2017
Awfis clarified that the amount was initially availed and then reversed in GSTR-3B of FY24. It was later reclaimed in October following a Supreme Court decision
Owing to the amendments introduced under the CGST Act this month, Awfis said it has decided to reverse the amount
The GST department has asked HDFC Bank and ICICI Bank to provisionally attach…