Flurry of GST show cause notices heading to businesses for FY19, as deadline ends on Jan 31

With the due date approaching, businesses brace for a flurry of show cause notices from GST officials for the Fiscal Year 2018-19 regarding any possible shortfall in tax payment. Section 73 of GST Act deals with the 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 s…