show- cause notice limitaion for 2017-18 18-19
respected sir,
department is issuing intimation letters to taxable persons relates to FY 2017-18 ,2018-19 in respect of differences between GSTR-1 data and GSTR-3B data and asking for explanation. and notices are giving under SEC-74 . my doubt is whether , issues relates to differences between GSTR-1 and GSTR-3B covered under sec-74 notices or not . please guide me
thanking you
Concerns Over Show-Cause Notices Under GST Act Section 74 for GSTR Discrepancies in 2017-18 and 2018-19 Discussed A discussion on a forum addresses concerns about show-cause notices issued under Section 74 of the GST Act for discrepancies between GSTR-1 and GSTR-3B for fiscal years 2017-18 and 2018-19. Participants advise that such discrepancies could be due to delayed filings and emphasize the importance of maintaining accurate books of account. They suggest that if transactions are genuine, there should be no concern, but the taxpayer must justify any differences to the authorities. It is noted that the department must prove any fraud or misstatement, and filing a writ is not recommended as courts prefer adjudication. (AI Summary)
Goods and Services Tax - GST
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