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of <h1>Electronic notice for excess input tax credit over GSTR-2B triggers seven-day payment or explanation via DRC-01C and DRC-03</h1> Where input tax credit claimed in a return (FORM GSTR-3B) exceeds the credit shown in the auto-generated statement (FORM GSTR-2B) by a Council-recommended threshold, the registered person is electronically notified via Part A of FORM GST DRC-01C and by email, and must within seven days either pay the excess with interest through FORM GST DRC-03 or explain the discrepancy on the portal. The person must record payment or reasons in Part B of DRC-01C. If the amount remains unpaid, no acceptable explanation is furnished, or none is provided, the shortfall may be demanded under the relevant assessment provisions.
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