Industry flags GST Section 74 misuse, experts call for clarity on error vs evasion

India Inc is increasingly voicing concern over the “arbitrary and excessive” use of Section 74 of the Central Goods and Services Tax (CGST) Act—originally designed to punish willful tax evasion. Industry players and legal experts now allege that the provision, which allows the government to initiate proceedings in cases of fraud or suppression of facts, is being invoked routinely, even in situatio…