Section 74 - 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 misstatement or suppression of facts.

Uttar Pradesh GST Act Section 74: Tax Recovery for Fraud or Error, Notice Issuance, and Five-Year Order Deadline

Section 74 of the Uttar Pradesh Goods and Services Tax Act, 2017 addresses the determination of unpaid or short-paid tax, erroneous refunds, or wrongly availed input tax credit due to fraud, willful misstatement, or suppression of facts. It mandates the issuance of a notice by the proper officer to the liable party, requiring payment of the specified tax, interest, and penalties. The notice must be issued at least six months before the order deadline. The liable party can preemptively pay the tax with interest and reduced penalties to avoid further proceedings. Orders must be issued within five years of the relevant financial year's return due date.