Authorities can’t rely on repealed provisions after the effective amendment date. Sections 73 and 74 of the CGST Act were omitted effective April 1, 2024, and replaced with Section 74A, which consolidates
[17/02, 08:08] sekarreporter1: https://taxo.online/latest-news/16-02-2026-authorities-cannot-continue-to-rely-on-repealed-omitted-provisions-after-the-effective-date-of-amendment-once-sections-73-and-74-stood-omitted-w-e-f-01-04-2024-any-proceedings-for-fy-20/
[17/02, 08:08] Meta AI: Authorities can’t rely on repealed provisions after the effective amendment date. Sections 73 and 74 of the CGST Act were omitted effective April 1, 2024, and replaced with Section 74A, which consolidates
tax demand procedures for both fraud and non-fraud cases. ¹ ² ³
*Key Changes:*
– _Applicability_: Section 74A applies to demands from FY 2024-25 onwards, while Sections 73 and 74 apply to demands up to FY 2023-24.
– _Time Limits_: Notice issuance within 42 months, and order issuance within 12 months, extendable by 6 months.
– _Penalty Relief_: Taxpayers can avail reduced penalties by paying tax and interest within 60 days of notice. ⁴ ⁵
The new Section 74A aims to simplify and standardize GST demand procedures, providing clarity on time limits and penalties.
Would you like to know more about the implications of Section 74A or the differences between Sections 73 and 74?
