Punjab Govt. issued a notification regarding extending the time limit specified under section 73 for issuance of orders for recovery of tax not paid or short paid or of input tax credit wrongly availed or utilized

The Government of Punjab on September 23, 2024, issued a notification regarding extending the time limit specified under sub-section (10) of section 73 for the issuance of orders under sub-section (9) of section 73 of the Punjab Goods and Services Tax Act, 2017, for recovery of tax not paid or short paid or of input tax credit wrongly availed or utilized, relating to the period as specified below-

• For the financial year 2018-19, up to the 30th day of April 2024;

• For the financial year 2019-20, up to the 31st day of August 2024.

This notification shall be deemed to have come into force on and with effect from December 28, 2023.

[Notification No. S.O. 50/P.A.5/2017/S.168A/2024]