ISSUANCE OF NOTICE, ORDER AND PENALTY IN GST UNDER SECTION 73 & 74

 

Particular	Section 73 (Non-Fraud Cases)	Section 74 (Fraud Cases)
Time Limit	3 Years from Annual Return	5 Years from Annual Return
Year 2017-18 2018-19 2019-20 2020-21 2021-22	SCN Order 30/09/23  31/12/23  31/01/24 30/04/24 31/05/24 31/08/24 30/11/24 28/02/25 30/09/25 31/12/25	SCN Order 07/08/24  07/02/25  30/06/25 31/12/25 30/09/25 31/03/26 28/08/26 28/02/27 30/06/27 31/12/27
Penalty
1.      Before issuance of SCN	No Penalty	15% Penalty
2.      Within 30 Days of SCN	No Penalty	25% Penalty
3.      Within 30 Days of Order	-	50% Penalty
4.      Other Cases	10% of Tax or 10000 each in CGST & SGST whichever is Higher	100% Penalty