Penalty for fraudulent utilisation of input tax credit for claiming refund

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..... s - 1 [ Penalty for fraudulent utilisation of input tax credit for claiming refund. 114AC. Where any person has obtained any invoice by fraud, collusion, wilful misstatement or suppression o .....

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..... in clause (63) of section 2 of the Central Goods and Services Tax Act, 2017 (12 of 2017.). ] ************ NOTES:- 1. Inserted vide THE FINANCE ACT, 2021 dated 28-03-2021 w.e .....

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