https://www.taxtmi.com/manuals?id=2527 The clause in section 17(5)(i) restricts Input Tax Credit where tax has been paid under section 74-pertaining to determinations made by reason of fraud or wilful misstatement or suppression of facts-for periods up to Financial Year 2023-24; this substitution was effected by the Finance (No.2) Act, 2024 and notified w.e.f. 01.11.2024. The restriction applies to fraud-based determinations and is distinguished from non-fraud determinations under section 73; related enforcement provisions on detention, seizure, confiscation and penalty are reflected by references to sections 129 and 130. en-us Wed, 22 Mar 2023 12:14:00 +0530 Thu, 03 Oct 2024 12:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=2527 The clause in section 17(5)(i) restricts Input Tax Credit where tax has been paid under section 74-pertaining to determinations made by reason of fraud or wilful misstatement or suppression of facts-for periods up to Financial Year 2023-24; this substitution was effected by the Finance (No.2) Act, 2024 and notified w.e.f. 01.11.2024. The restriction applies to fraud-based determinations and is distinguished from non-fraud determinations under section 73; related enforcement provisions on detention, seizure, confiscation and penalty are reflected by references to sections 129 and 130. Manuals GST Wed, 22 Mar 2023 12:14:00 +0530 https://www.taxtmi.com/manuals?id=2527