WebSection 73 – Determination of tax not paid or short paid or erroneously refunded or input tax credit wrongly availed or utilised for any reason other than fraud or any wilful … Web10 Oct 2024 · Section 74 of GST – Determination of tax not paid or short paid or erroneously refunded or input tax credit wrongly availed or utilised by reason of fraud or any wilful …

Section 73 of GST Act : GST not paid or ITC Wrongly Availed

Web6 Jul 2024 · It is to be noted that the GST Council recommended to extend limitation period to issue order under Section 73 of the CGST Act in respect of other demands linked with due date of annual return only however, the notification issued in this regard has extended limitation period for all demands. Web8 Apr 2024 · Ans. Section 73 invokes several circumstances as described below: Tax not paid. Tax short paid. Erroneously Refunded. Input Tax Credit wrongly availed. Input Tax Credit wrongly utilized. Q3. Does Section 73 invoke in matter related to Fraud or willful-misstatement? Ans. enchant weapon spellpower

VALUATION CANNOT BE DONE ON EYE ESTIMATION BASIS u/s 15

Web15 hours ago · Petitioners have also taken a plea that Summary of the Order contained in Form GST DRC-07 imposes 100% penalty which is impermissible under the provisions of Section 73(9) of the Act of 2024. 100% penalty can only be levied in a proceeding under section 74 (9) of the Act of 2024. No adjudication order has been uploaded. Web20 hours ago · This Court after analysing the provisions of the Act and the Rules applicable held that for the infractions as contained in Section 122 of the GST Act and specified in Column ‘A’ of paragraph 35 of the said judgment M/s Metenere Limited (Supra) held that penalty has to be Rs.10,000/- or the amount of tax evaded whichever is higher, whereas ... Web29 Jun 2024 · Section 73 of GST – Determination of tax not paid or short paid or erroneously refunded or input tax credit wrongly availed or utilised for any reason other … enchant weapon minor beastslayer