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.

Section 74: Recovering Unpaid Taxes and Penalties for Fraud or Misstatement Under Delhi GST Act 2017

Section 74 of the Delhi Goods and Services Tax Act, 2017 addresses the determination and recovery of unpaid or short-paid taxes, erroneous refunds, or wrongly availed or utilized input tax credits due to fraud, willful misstatement, or suppression of facts. The proper officer must issue a notice to the liable person, requiring payment of the specified tax amount, interest, and a penalty equivalent to the tax. The notice must be issued at least six months before the five-year time limit. If the person pays the tax, interest, and a penalty within specified timeframes, proceedings may be deemed concluded.