Web8 Apr 2024 · Ans. Section 73 invokes several circumstances as described below: Tax not paid. Tax short paid. Erroneously Refunded. Input Tax Credit wrongly availed. Input Tax … Web28 Mar 2024 · Section 73 – deals with cases where there is non-payment/under-payment of tax without any intention or invocation of fraud. Section 74 – deals with cases where …
Section 74 of GST – Determination of tax not paid - CAknowledge
Web23 Oct 2024 · Akshay Jain (Tax Consultant) (1024 Points) Replied 21 August 2024. GST DRC-03 is an voluntary payment against any liability remain to pay. in GSTR-9 you have not to show DRC payment separately you have declare your actual turnover and tax and the payment you made through DRC that would increase in table 9 in there proper heads. Web12 Apr 2024 · The respondent has since revoked the suspension of the petitioner’s registration and the same is active. It is also stated that the respondent has issued a demand notice dated 15.02.2024 under Section 73(5) raising a demand of ₹6,37,916.00/-. The said demand notice also states that in the event the demand is not paid, a Show … buy bt mini connectors
Section 16 of CGST Act 2024: Eligibility & Conditions For Taking …
WebGST: Demand under GST: Sec 73, 74 and 75 : CA I CMA I CS I Tax ProfessionalsTo Buy DVDs / Pen Drive contact at :@ Delhi : 011-45695551@ Gorakhpur : +91-70522... Web19 Aug 2024 · CBIC has, vide Circular No. 31/05/2024 – GST dated 9-2-2024 fixed monetary limits for issuance of show cause notices and adjudication of the same under Sections 73 and 74 of the CGST Act and Section 20 of the IGST Act (read with Sections 73 and 74 of the CGST Act). Officer of Central Tax. Monetary limit of the amount of central tax (including ... Web15 hours ago · Petitioners have also taken a plea that Summary of the Order contained in Form GST DRC-07 imposes 100% penalty which is impermissible under the provisions of Section 73(9) of the Act of 2024. 100% penalty can only be levied in a proceeding u/s. 74 (9) of the Act of 2024. No adjudication order has been uploaded. buy bt recordable box