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of <h1>Rule 88C: Resolve Discrepancies Between GSTR-1 and GSTR-3B Within 7 Days to Avoid Section 79 Recovery.</h1> Rule 88C of the Central Goods and Services Tax Rules, 2017, addresses discrepancies between the tax liability reported in a registered person's statement of outward supplies and their tax return. If the tax liability in FORM GSTR-1 exceeds that in FORM GSTR-3B by a specified amount and percentage, the person is notified electronically via FORM GST DRC-01B. They must either pay the differential tax with interest through FORM GST DRC-03 or explain the discrepancy within seven days. If unresolved, the amount becomes recoverable under section 79. Notifications have amended this rule, effective from specified dates.
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