Recovery of wrongly availed transitional credit: proceedings under section 73, 74 or 74A may be initiated. Where amounts credited under sub rule (3) of rule 117 are wrongly availed, whether wholly or partly, they may be verified and proceedings under section 73 or section 74 or section 74A shall be initiated to recover the credit, as substituted by Notification No. 20/2024 - Central Tax.