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<h1>State GST Circular Details Voluntary Compliance u/ss 73 & 74: Pay Tax with Reduced Penalty Before Notice.</h1> The circular from the State Goods and Services Tax Department outlines procedures for voluntary tax compliance under Sections 73 and 74 of the KSGST Act, 2017. Taxpayers can voluntarily pay additional tax liabilities with interest and a reduced penalty before receiving a formal notice. Upon such payment, no notice will be issued unless the amount paid is insufficient. Taxpayers must provide a detailed breakdown of payments, including tax, interest, and penalties, using FORM GST DRC-03. If discrepancies arise, the proper officer may issue a Show Cause Notice for any shortfall in payments.