CGST Rule 121: Recovery of credit wrongly availed
The amount credited under sub-rule (3) of rule117 may be verified and proceedings under section 73 or, as the case may be, section 74shall be initiated in respect of any credit wrongly availed, whether wholly or partly.
Note 1: Central Goods and Services Tax Act, 2017 (12 of 2017), Notification No. 15/2017 – Central Tax
Note 2: Central Goods and Services Tax (Seventh Amendment) Rules, 2017, Notification No. 34/2017 – Central Tax
(Updated upto September 2017)