Rule 121 - Recovery of credit wrongly availed

121. Recovery of credit wrongly availed.[1]

The amount credited under sub-rule (3) of rule 117 may be verified and proceedings under section 73 or, as the case may be, section 74 shall be initiated in respect of any credit wrongly availed, whether wholly or partly.

 


[1] This Rule was inserted by CGST(2nd A)R, 2017 vide Notification No. 10/2017-Central Tax dt. 28-06-2017 wef 01-07-2017.

GST Gyaan | https://gstgyaan.in | Rajesh Ritolia - 9350171263

Top