https://www.taxtmi.com/acts?id=23214 Where tax is unpaid, short paid, erroneously refunded or input tax credit wrongly availed by reason of fraud, willful misstatement or suppression, the proper officer shall serve a show cause notice requiring payment of tax, interest and a penalty equal to the tax, issuing notice at least six months before the limitation for order. Voluntary payment before notice with interest plus a fifteen per cent penalty, payment within thirty days of notice with a twenty-five per cent penalty, or payment within thirty days of order with a fifty per cent penalty will conclude proceedings; the officer must issue the determining order within five years from the return due date or erroneous refund date. en-us Mon, 28 Nov 2016 11:42:20 +0530 Mon, 28 Nov 2016 17:42:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=23214 Where tax is unpaid, short paid, erroneously refunded or input tax credit wrongly availed by reason of fraud, willful misstatement or suppression, the proper officer shall serve a show cause notice requiring payment of tax, interest and a penalty equal to the tax, issuing notice at least six months before the limitation for order. Voluntary payment before notice with interest plus a fifteen per cent penalty, payment within thirty days of notice with a twenty-five per cent penalty, or payment within thirty days of order with a fifty per cent penalty will conclude proceedings; the officer must issue the determining order within five years from the return due date or erroneous refund date. Act-Rules Bills Mon, 28 Nov 2016 11:42:20 +0530 https://www.taxtmi.com/acts?id=23214