https://www.taxtmi.com/article/detailed?id=10013 The Act provides a procedural framework for determining tax, interest and penalties where tax is unpaid, short paid, erroneously refunded or input tax credit wrongly availed or utilised, distinguishing assessments involving fraud or willful misstatement from other cases, prescribing show cause notices or statements, statutory limitation periods tied to annual return due dates with exclusions for stays and certain appeals, opportunities for pre- and post-notice payment to curtail proceedings or penalties, a requirement for reasoned orders after hearing limited to grounds in the notice, electronic rectification uploads, and conversion to non-fraud treatment where fraud is not established on appeal. en-us Sat, 18 Sep 2021 11:03:43 +0530 Sat, 18 Sep 2021 11:03:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10013 The Act provides a procedural framework for determining tax, interest and penalties where tax is unpaid, short paid, erroneously refunded or input tax credit wrongly availed or utilised, distinguishing assessments involving fraud or willful misstatement from other cases, prescribing show cause notices or statements, statutory limitation periods tied to annual return due dates with exclusions for stays and certain appeals, opportunities for pre- and post-notice payment to curtail proceedings or penalties, a requirement for reasoned orders after hearing limited to grounds in the notice, electronic rectification uploads, and conversion to non-fraud treatment where fraud is not established on appeal. Articles Goods and Services Tax - GST Sat, 18 Sep 2021 11:03:43 +0530 https://www.taxtmi.com/article/detailed?id=10013