Central Board of Indirect Taxes and Customs vide circular dated 30th May 2024 has issued Guidelines for initiation of recovery proceedings before three months from the date of service of demand order. The guidelines provides that any amount payable by a taxable person in pursuance of an order passed under CGST Act shall be paid by such person within a period of three months from the date of service of such order failing which recovery proceedings shall be initiated.
Where the proper officer considers it expedient in the interest of revenue, he may, for reasons to be recorded in writing, require the said taxable person to make such payment within such period less than a period of three months as may be specified by him.
