https://www.taxtmi.com/article/detailed?id=16686 Section 73 and section 74 of the CGST Act are discussed in the context of a GST input tax credit mismatch between GSTR-3B and GSTR-2 for the first GST year, where the taxpayer disputed the show-cause notice on limitation and the department later proceeded under section 74 after the matter remained unresolved. The article explains that differences between returns do not by themselves establish tax evasion unless they are reconciled and the underlying facts are satisfactorily explained, but a failure to respond to statutory intimation or to account for the mismatch may be treated as suppression of facts for the purposes of section 74. The article further states that sections 73, 74 and 74A operate on a mutually exclusive basis, with section 73 covering non-fraud cases, section 74 applying where fraud, wilful misstatement or suppression is present, and section 74A governing later periods. en-us Thu, 18 Jun 2026 08:46:07 +0530 Thu, 18 Jun 2026 08:46:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=16686 Section 73 and section 74 of the CGST Act are discussed in the context of a GST input tax credit mismatch between GSTR-3B and GSTR-2 for the first GST year, where the taxpayer disputed the show-cause notice on limitation and the department later proceeded under section 74 after the matter remained unresolved. The article explains that differences between returns do not by themselves establish tax evasion unless they are reconciled and the underlying facts are satisfactorily explained, but a failure to respond to statutory intimation or to account for the mismatch may be treated as suppression of facts for the purposes of section 74. The article further states that sections 73, 74 and 74A operate on a mutually exclusive basis, with section 73 covering non-fraud cases, section 74 applying where fraud, wilful misstatement or suppression is present, and section 74A governing later periods. Articles Goods and Services Tax - GST Thu, 18 Jun 2026 08:46:07 +0530 https://www.taxtmi.com/article/detailed?id=16686