Section 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 misstatement or suppression of facts.

Understanding Section 73: Tax Recovery Process and Penalty Guidelines for Non-Fraudulent GST Issues in Telangana.

Section 73 of the Telangana Goods and Services Tax Act, 2017, addresses the determination and recovery of tax not paid, short paid, erroneously refunded, or input tax credit wrongly availed or utilized, excluding cases involving fraud or willful misstatement. The proper officer must notify the liable party to show cause for non-payment and may issue statements for additional periods. Payment before notice can prevent further action. If payment is made within 30 days of the notice, no penalty applies. The officer must issue a determination order within three years, with penalties applicable for delayed self-assessed tax payments.