Chapter - XIV of CGST Rules, 2017

TRANSITIONAL PROVISIONS

 

RULE 121. Recovery of credit wrongly availed      (corresponding section 140)

The amount credited under sub-rule (3) of rule 117 may be verified and 1[proceedings under section 73 or section 74 or section 74A, as the case may be,] [helldodold[proceedings under section 73 or, as the case may be, section 74]helldod] shall be initiated in respect of any credit wrongly availed, whether wholly or partly.

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1. Substituted Vide:- Notification No. 20/2024-Central Tax dt. 08.10.2024 [Para 12] (w.e.f. 01.11.2024)