https://www.taxtmi.com/article/detailed?id=9909 Both the Finance Act and GST empower officers to issue show cause notices for unpaid, short paid, or erroneously refunded tax, with GST creating two tracks-one for non fraud matters and one for fraud or willful mis statement-each carrying distinct limitation periods tied to the annual return due date. Subsequent statements may be served for additional periods on identical grounds. Voluntary pre notice payments bar further notice for the paid amount; orders quantify tax, interest and prescribed penalties, and prompt post order payment can terminate proceedings. en-us Thu, 22 Jul 2021 08:59:34 +0530 Thu, 22 Jul 2021 08:59:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9909 Both the Finance Act and GST empower officers to issue show cause notices for unpaid, short paid, or erroneously refunded tax, with GST creating two tracks-one for non fraud matters and one for fraud or willful mis statement-each carrying distinct limitation periods tied to the annual return due date. Subsequent statements may be served for additional periods on identical grounds. Voluntary pre notice payments bar further notice for the paid amount; orders quantify tax, interest and prescribed penalties, and prompt post order payment can terminate proceedings. Articles Service Tax Thu, 22 Jul 2021 08:59:34 +0530 https://www.taxtmi.com/article/detailed?id=9909