Explore how to effectively respond to GST notices concerning discrepancies between GSTR-2A and GSTR-3B. Understand key legal points and practical submissions to address these issues.
GST audits are being carried out by the department and notices are being issued impetuously, as we are nearing the last date to issue show cause notice for non-fraud cases of FY 2017-18. Out of the many audit points, demanding GST on personal guarantees given by Directors is one of the burning issues.
Taxpayers are now required to report their ITC availment, reversal of ITC and ineligible ITC correctly as per new format of Table 4 of GSTR-3B at GST portal for GSTR-3B of August 2022 onwards.
CBIC issued instructions for the GST investigation officers which are to be followed while launching any prosecution proceedings exhibiting criminal charges against any person.
