Insertion of new section 114AC.

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..... ct, the following section shall be inserted, namely: Penalty for fraudulent utilisation of input tax credit for claiming refund. 114AC. Where any person has obtained any invoice by fraud, .....

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..... shall have the same meaning as assigned to it in clause (63) of section 2 of the Central Goods and Services Tax Act, 2017 (12 of 2017.). . - - statute, statutory provisions legislation, law, ena .....

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