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

Determination of tax not paid or short paid or erroneously refunded or input tax credit wrongly availed or utilized by reason of fraud or any willful misstatement or suppression of facts. https://www.taxtmi.com/acts?id=30244 The proper officer may serve a notice when tax is unpaid, short paid, erroneously refunded or input tax credit wrongly availed by reason of fraud, willful misstatement or suppression of facts, requiring payment of specified tax with interest and a penalty equivalent to the tax; voluntary payment with interest and a reduced penalty before notice or prompt payment within thirty days after notice or order can conclude proceedings, subject to limitation periods and exceptions for criminal proceedings. en-us Sat, 08 Jul 2017 19:02:22 +0530 Tue, 18 Jul 2017 14:30:02 +0530 TaxTMI RSS Generator Determination of tax not paid or short paid or erroneously refunded or input tax credit wrongly availed or utilized by reason of fraud or any willful misstatement or suppression of facts. https://www.taxtmi.com/acts?id=30244 The proper officer may serve a notice when tax is unpaid, short paid, erroneously refunded or input tax credit wrongly availed by reason of fraud, willful misstatement or suppression of facts, requiring payment of specified tax with interest and a penalty equivalent to the tax; voluntary payment with interest and a reduced penalty before notice or prompt payment within thirty days after notice or order can conclude proceedings, subject to limitation periods and exceptions for criminal proceedings. Act-Rules GST - States Sat, 08 Jul 2017 19:02:22 +0530 https://www.taxtmi.com/acts?id=30244