https://www.taxtmi.com/acts?id=28242 Determination of unpaid, short-paid, erroneously refunded tax or wrongly availed input tax credit (other than by fraud or wilful misstatement) is commenced by serving a show cause notice requiring payment of tax, interest under section 50 and penalty. The officer may serve statements for additional periods on the same grounds. Voluntary payment of tax and interest, if notified to the officer, precludes issuance of notice for those amounts; deficient voluntary payments may still be assessed. Payment within thirty days of the show cause notice removes penalty for that notice. The officer determines tax, interest and a penalty of ten per cent of tax or ten thousand rupees, whichever is higher, and issues the order within three years from the relevant return due date or erroneous refund. en-us Wed, 28 Jun 2017 14:34:11 +0530 Tue, 04 Jul 2017 15:30:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=28242 Determination of unpaid, short-paid, erroneously refunded tax or wrongly availed input tax credit (other than by fraud or wilful misstatement) is commenced by serving a show cause notice requiring payment of tax, interest under section 50 and penalty. The officer may serve statements for additional periods on the same grounds. Voluntary payment of tax and interest, if notified to the officer, precludes issuance of notice for those amounts; deficient voluntary payments may still be assessed. Payment within thirty days of the show cause notice removes penalty for that notice. The officer determines tax, interest and a penalty of ten per cent of tax or ten thousand rupees, whichever is higher, and issues the order within three years from the relevant return due date or erroneous refund. Act-Rules GST - States Wed, 28 Jun 2017 14:34:11 +0530 https://www.taxtmi.com/acts?id=28242