TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Taxpayer must pay or explain GST outward-supply vs return tax mismatch within seven days under Sections 50 and 79</h1> Where tax declared in the outward-supply statement (GSTR-1 or Invoice Furnishing Facility) exceeds tax declared in the return (GSTR-3B), the registered person is notified electronically via Part A of FORM GST DRC-01B and must, within seven days, either pay the differential tax with interest under section 50 using FORM GST DRC-03 or explain the discrepancy on the common portal. The person must record payment or reasons in Part B of DRC-01B. Any amount unpaid or unexplained, or any explanation not accepted by the proper officer, is recoverable under section 79.
TaxTMI 
TaxTMI 
