https://www.taxtmi.com/acts?id=43909 Determination of unpaid or short paid tax, erroneous refund or wrongly availed input tax credit for Financial Year 2024-25 onward requires issuance of a show cause notice within prescribed limitation periods, allows service of a deemed notice by statement for other periods with identical grounds, and mandates the proper officer to determine tax, interest and penalty and issue an order within a specified period with limited extension. The section prescribes different penalty consequences for non-fraudulent and fraudulent or wilful misstatement cases, provides pre-notice and post-notice payment options that may conclude proceedings, and permits issuance of notice for any shortfall in self-payment. en-us Wed, 21 Aug 2024 15:14:20 +0530 Fri, 26 Sep 2025 12:59:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=43909 Determination of unpaid or short paid tax, erroneous refund or wrongly availed input tax credit for Financial Year 2024-25 onward requires issuance of a show cause notice within prescribed limitation periods, allows service of a deemed notice by statement for other periods with identical grounds, and mandates the proper officer to determine tax, interest and penalty and issue an order within a specified period with limited extension. The section prescribes different penalty consequences for non-fraudulent and fraudulent or wilful misstatement cases, provides pre-notice and post-notice payment options that may conclude proceedings, and permits issuance of notice for any shortfall in self-payment. Act-Rules GST Wed, 21 Aug 2024 15:14:20 +0530 https://www.taxtmi.com/acts?id=43909