Bombay HC: Separate GST SCNs Required for Each Financial Year Under Section 74 - SAG Infotech Official Tax Blog

The applicant for the case contested a Show cause notice issued via the tax authorities, especially u/s 74. alleging suppression of taxable value and consequent short payment of Central GST. A composite period from Financial Year 2018-19 to 2022-23 is covered in the impugned notice, alleging that in these years the applicant had suppressed taxable turnover and thereby short-paid tax. The applicant…