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Introducing the βIn Favour Ofβ filter in Case Laws.
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<h1>Haryana Govt Issues Guidelines on ITC Discrepancies in GSTR-3B vs. GSTR-2A for FY 2017-18 & 2018-19.</h1> The circular issued by the Haryana Government's Excise and Taxation Department addresses discrepancies between Input Tax Credit (ITC) claimed in Form GSTR-3B and that reflected in Form GSTR-2A for fiscal years 2017-18 and 2018-19. Due to initial implementation issues, suppliers often failed to report correct details, leading to ITC discrepancies. The circular provides guidelines for handling such discrepancies, including verification of invoices, ensuring compliance with Section 16 of the HGST Act, and requiring certifications from suppliers or accountants for discrepancies exceeding Rs. 5 lakh. These instructions apply to ongoing proceedings and are specific to bona fide errors during the specified fiscal years.