GST department is sending notices for input mismatch

[SARAVANAN RENGACHARY]

Dear Experts,

GST department has started to send notices to assesses in Form GST ASMT 10 seeking clarification for the mismatch of input credit between GSTR3B and GSTR2A. i.e. Quarter Oct to Dec'17.

When GSTR2A tool is not functioning, it is mandatory for the assesses to check the availability of credit in GSTR2A while availing the credit.

Regards

Saravanan

AI Summary

Input tax credit mismatch requires reconciliation and formal reply to assessment notices to substantiate claimed credits.
Notices in assessment proceedings seek explanation for mismatches between input tax credit claimed in GSTR 3B and supplier-reported entries in GSTR 2A. Although the invoice-matching mechanism was not fully operational and many claimed credit on a self-declaration basis through GSTR 3B, the department may still verify credits. Taxpayers should prepare a reconciliation statement, collate documentary proof, download GSTR 2A data, and file a formal reply using the assessment reply procedure within the prescribed period.