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  1. taxinformation.cbic.gov.in › section73_v1Section 73 - taxinformation.cbic.gov.in

    (5) The person chargeable with tax may, before service of notice under subsection (1) or, as the case may be, the statement under sub-section (3), pay the amount of tax along with interest payable thereon under section 50 on the basis of his own ascertainment of such tax or the tax as ascertained by the proper officer and inform the proper ...

  2. cleartax.in › s › section-73-of-cgst-actSection 73 of CGST Act: Applicability, Time Limit and Penalty

    Sep 19, 2024 · Section 73 of the CGST Act covers the procedure for the determination of GST demand in general cases where any ulterior motive (involves fraud, wilful misstatement, or suppression of facts) is not involved, if: Tax is not paid duly. Tax paid is short of the actual liability. Tax is erroneously refunded.

  3. taxguru.in › goods-and-service-tax › demandsDemands & Recovery under GST | Section 73 | CGST Act 2017

    Jul 23, 2020 · Section 73- Determination of tax not paid or short paid or erroneously refunded or input tax credit wrongly availed or utilised for any reason other than fraud or any wilful misstatement or suppression of facts.

  4. cbic-gst.gov.in › pdf › circular-238/32/2024-GSTCircular No. 238/32/2024-GST F. No. CBIC-20001/6/2024-GST

    as ‘the CGST Act’) with effect from 01.11.2024 to provide for waiver of interest or penalty or both, relating to demands under section 73 of the CGST Act pertaining to Financial Years 2017-18, 2018-19 and 2019-20, subject to certain conditions. 1.2 Subsequently, based on the recommendations of the GST Council made in its 54th

  5. cbic-gst.gov.in › pdf › circular-237/31/2024-GSTCircular No. 237/31/2024-GST F. No. CBIC-20001/6/2024-GST ...

    “(4)A registered person shall not be entitled to take input tax credit in respect of any invoice or debit note for supply of goods or services or both after the thirtieth day of November following the end of financial year to which such invoice or debit note pertains or furnishing of the relevant annual return, whichever is earlier. .

  6. taxguru.in › goods-and-service-tax › tax-liabilityTax liability under section 73 & 74 of CGST Act 2017- Analysis

    Dec 11, 2020 · Section 73 and 74 provides mechanism to determine tax liability of taxable person and to adjudicate the case, to recover amount of tax, applicable interest and amount of penalty due as per provision of law. Section 73 is applicable to normal cases and 74 covers fraud/tax evasion cases.

  7. indiankanoon.org › doc › 67470770Section 73(5) in The Central Goods and Services Tax Act, 2017

    Section 73 (5) in The Central Goods and Services Tax Act, 2017. (5) The person chargeable with tax may, before service of notice under sub-section (1) or, as the case may be, the statement under sub-section (3), pay the amount of tax along with interest payable thereon under section 50 on the basis of his own ascertainment of such tax or the ...