https://www.taxtmi.com/forum/issue?id=117158 Section 73 covers penalties for bona fide mistakes without intent to evade, while Section 74 targets mala fide intent to evade tax. Section 76 specifically prohibits retaining tax amounts collected from supplies-whether those supplies were taxable or not-and requires deposit of such collections into the government treasury; retaining collected tax invokes the distinct and more serious penalty regime under Section 76 compared with Sections 73/74. en-us Mon, 12 Apr 2021 23:38:36 +0530 Thu, 23 Jan 2025 15:54:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=117158 Section 73 covers penalties for bona fide mistakes without intent to evade, while Section 74 targets mala fide intent to evade tax. Section 76 specifically prohibits retaining tax amounts collected from supplies-whether those supplies were taxable or not-and requires deposit of such collections into the government treasury; retaining collected tax invokes the distinct and more serious penalty regime under Section 76 compared with Sections 73/74. Discussion-Forum GST Mon, 12 Apr 2021 23:38:36 +0530 https://www.taxtmi.com/forum/issue?id=117158