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 of MP GST Act: Addressing Unpaid Taxes Due to Fraud or Misstatement, Procedures for Notices and Payments Explained.

Section 74 of the Madhya Pradesh Goods and Services Tax Act, 2017 addresses the determination of unpaid or short-paid taxes, erroneous refunds, or wrongly availed input tax credits due to fraud, misstatement, or suppression of facts. The proper officer must notify the person liable for such discrepancies, demanding payment with interest and penalties. Notices must be issued at least six months before the order deadline. Individuals can pay the tax and penalties before the notice to avoid further proceedings. The officer has five years to issue an order after considering representations. Proceedings conclude upon payment within specified timelines. Definitions for 'suppression' and related terms are provided.