Understanding GST Section 74A: Key Insights and Compliance Guide (Effective FY 2024-25)

Section 74A of the CGST Act, 2017, introduced for FY 2024-25, unifies the timelines and compliance framework previously governed by Sections 73 (non-fraud cases) and 74 (fraud cases). This reform simplifies GST demand and recovery processes, streamlining litigation and enforcement. Below is a concise breakdown of the key aspects and