Meta AI: “Tax period” under Section 2(106) of the GST Act refers to the period for which the return is required to be furnished. So, it’s basically the specific time frame covered by the return, whether monthly or annual.

[12/02, 07:41] Meta AI: As per Section 2(106) of the GST Act, “tax period” refers to the period for which the return is required to be furnished. This means the specific time frame covered by the return being filed, whether it’s monthly or annual.

In this context, the court is clarifying that a show cause notice under Section 74A can be issued for a particular tax period, even if it’s before the due date for filing the annual return.
[12/02, 07:41] Sekarreporter: “At this juncture, it would be apposite to extract the meaning of the word “tax period” in terms of Section 2(106) of the GST Act, which reads as follows:

“2(106) “tax period” means the period for which the return is required to be furnished””

Judge krishnan Ramasamy /    In view of the above, this Court does not find any fault in the invocation of Section 74A and issuance of notice to the petitioner is not at all pre-mature in nature. Therefore, this Court is inclined to dismiss the present petition.

[12/02, 07:41] Meta AI: “Tax period” under Section 2(106) of the GST Act refers to the period for which the return is required to be furnished. So, it’s basically the specific time frame covered by the return, whether monthly or annual.