https://www.taxtmi.com/article/detailed?id=9239 Recovery under the CGST regime follows two procedural tracks: section 73 for non-fraudulent short-payment, erroneous refund or wrong ITC, and section 74 where fraud, willful misstatement or suppression of facts to evade tax is alleged. Both sections require service of a detailed statement, allow pre-notice voluntary payment of tax with interest (and prescribed penalty in some cases) to conclude proceedings, prescribe differing limitation periods and penalties depending on culpability, and treat court or tribunal stays as excluded for limitation computation. en-us Fri, 05 Jun 2020 08:50:03 +0530 Fri, 05 Jun 2020 08:50:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9239 Recovery under the CGST regime follows two procedural tracks: section 73 for non-fraudulent short-payment, erroneous refund or wrong ITC, and section 74 where fraud, willful misstatement or suppression of facts to evade tax is alleged. Both sections require service of a detailed statement, allow pre-notice voluntary payment of tax with interest (and prescribed penalty in some cases) to conclude proceedings, prescribe differing limitation periods and penalties depending on culpability, and treat court or tribunal stays as excluded for limitation computation. Articles Goods and Services Tax - GST Fri, 05 Jun 2020 08:50:03 +0530 https://www.taxtmi.com/article/detailed?id=9239