composition dealer - DRC - 01

[Karuppannagounder Marimuthu]

 Summary of Show Cause Notice

DEFECT NO 1: Nil/Meagre tax Payer whose turnover in GSTR-1 and GSTR-3B lower than the purchases as per GSTR-2A/2B

How to submit reply

AI Summary

Participant Queries GST Discrepancy: Turnover Lower Than Purchases in GSTR-2A/2B; Suggested Steps for Reconciliation A participant raised a query regarding a Goods and Services Tax (GST) issue where their reported turnover in GSTR-1 and GSTR-3B was lower than the purchases shown in GSTR-2A/2B. Three responses were offered. One suggested that the discrepancy might be due to typographical errors or software issues, advising the querist to ensure their books of accounts align with all GST returns. Another recommended requesting further details from the department to clarify the discrepancy. The third response advised comparing and reconciling invoices between the books and GSTR-2A/2B to identify mismatches and draft a suitable reply.