https://www.taxtmi.com/acts?id=27091 Where tax is unpaid, short paid, erroneously refunded or input tax credit wrongly availed by reason of fraud or wilful misstatement or suppression, the proper officer shall serve a show cause notice specifying tax, interest and a penalty equal to the tax. Voluntary payments may prevent or conclude proceedings: pre notice payment with interest and a fifteen percent penalty prevents notice; payment within thirty days of notice with interest and a twenty five percent penalty concludes proceedings; payment within thirty days of the order with interest and a fifty percent penalty also concludes proceedings. The officer then determines tax, interest and penalty and issues an order within the limitation period. en-us Thu, 22 Jun 2017 16:37:59 +0530 Wed, 26 Jul 2017 11:48:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=27091 Where tax is unpaid, short paid, erroneously refunded or input tax credit wrongly availed by reason of fraud or wilful misstatement or suppression, the proper officer shall serve a show cause notice specifying tax, interest and a penalty equal to the tax. Voluntary payments may prevent or conclude proceedings: pre notice payment with interest and a fifteen percent penalty prevents notice; payment within thirty days of notice with interest and a twenty five percent penalty concludes proceedings; payment within thirty days of the order with interest and a fifty percent penalty also concludes proceedings. The officer then determines tax, interest and penalty and issues an order within the limitation period. Act-Rules GST - States Thu, 22 Jun 2017 16:37:59 +0530 https://www.taxtmi.com/acts?id=27091