The present GST law requires administration to issue show cause notices (SCN) under various circumstances enshrined in it. Although proper issuance, replies, and adjudication of SCNs are of prime importance and should be discussed at greater length. But, in today’s paper, we shall only address a small but significant question pertaining to SCNs. Various authorities issue SCNs for a variety of reasons, such as cancellation of registration, blocking of the input credit ledger, and more specifically under Sections 73 and 74 for proper adjudication of any tax and interest or penalty thereon.
Source Taxguru
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