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.

Clarifying Tax Liabilities: Section 73 of Jharkhand GST Act Guides on Unpaid Taxes and Erroneous Refunds, Excluding Fraud Cases.

Section 73 of the Jharkhand Goods and Services Tax Act, 2017, addresses the determination of unpaid, short-paid, or erroneously refunded taxes, and wrongly availed or utilized input tax credits, excluding cases of fraud or willful misstatement. The proper officer must issue a notice to the liable party, requiring payment along with applicable interest and penalties. If the taxpayer pays the due amount with interest within 30 days of the notice, no penalty is imposed. The officer must issue an order within three years from the relevant financial year's annual return due date or erroneous refund date, with penalties applicable for unpaid self-assessed taxes.