https://www.taxtmi.com/article/detailed?id=10348 Section 74 enables adjudication and recovery where tax is unpaid, short paid, erroneously refunded or input tax credit wrongly availed or utilised by reason of fraud, willful misstatement or suppression of facts. The proper officer must serve an electronic show cause notice after forming belief of such conduct; notice timing and order time limit are prescribed (notice at least six months prior and order within five years from the annual return due date or erroneous refund). Concessionary voluntary payments (15%, 25%, 50% penalty bands) can terminate proceedings; seizure/confiscation proceedings have been separated by amendment. en-us Mon, 11 Apr 2022 13:17:16 +0530 Mon, 11 Apr 2022 13:17:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10348 Section 74 enables adjudication and recovery where tax is unpaid, short paid, erroneously refunded or input tax credit wrongly availed or utilised by reason of fraud, willful misstatement or suppression of facts. The proper officer must serve an electronic show cause notice after forming belief of such conduct; notice timing and order time limit are prescribed (notice at least six months prior and order within five years from the annual return due date or erroneous refund). Concessionary voluntary payments (15%, 25%, 50% penalty bands) can terminate proceedings; seizure/confiscation proceedings have been separated by amendment. Articles Goods and Services Tax - GST Mon, 11 Apr 2022 13:17:16 +0530 https://www.taxtmi.com/article/detailed?id=10348