Determination of tax not paid or short paid or erroneously refunded or input tax credit wrongly availed or utilised by reason of fraud or any wilful misstatement or suppression of facts.

Determination of tax not paid or short paid or erroneously refunded or input tax credit wrongly availed or utilised by reason of fraud or any wilful misstatement or suppression of facts. https://www.taxtmi.com/acts?id=29657 Where tax is unpaid, short paid, erroneously refunded or input tax credit wrongly availed by reason of fraud, wilful misstatement or suppression, the proper officer must serve a show-cause notice requiring payment of tax, interest under section 50 and a penalty equivalent to the tax, with the notice issued at least six months before the assessment time limit and supplementary statements treated as notices for matching non-fraud grounds. en-us Wed, 05 Jul 2017 10:10:07 +0530 Thu, 17 Aug 2017 15:21:39 +0530 TaxTMI RSS Generator Determination of tax not paid or short paid or erroneously refunded or input tax credit wrongly availed or utilised by reason of fraud or any wilful misstatement or suppression of facts. https://www.taxtmi.com/acts?id=29657 Where tax is unpaid, short paid, erroneously refunded or input tax credit wrongly availed by reason of fraud, wilful misstatement or suppression, the proper officer must serve a show-cause notice requiring payment of tax, interest under section 50 and a penalty equivalent to the tax, with the notice issued at least six months before the assessment time limit and supplementary statements treated as notices for matching non-fraud grounds. Act-Rules GST - States Wed, 05 Jul 2017 10:10:07 +0530 https://www.taxtmi.com/acts?id=29657