TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Finance Bill 2024 Amends Section 75 CGST Act: New Provisions for Penalty Redetermination and Adjudication Timelines Introduced</h1> Clause 135 of the Finance (No. 2) Bill, 2024, amends section 75 of the Central Goods and Services Tax Act. It introduces sub-section (2A), allowing for the redetermination of penalties under clause (i) of sub-section (5) of section 74A when fraud, wilful misstatement, or suppression of facts are not proven. The amendment updates references to section 74A across sub-sections (1), (11), (12), and (13) and revises sub-section (10) to specify that adjudication proceedings are concluded if orders are not issued within specified periods under sections 73, 74, or 74A.
TaxTMI 
TaxTMI 
