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of <h1>New Rule 88D in CGST 2017: Address ITC Discrepancies Between GSTR-2B and GSTR-3B or Risk Filing Restrictions.</h1> The government has introduced Rule 88D in the CGST Rule, 2017, addressing discrepancies in input tax credit (ITC) between GSTR-2B and GSTR-3B. This rule is now active on the GST portal. If a taxpayer's claimed ITC exceeds the available ITC by predefined limits, they will receive a Form DRC-01C notification. Taxpayers must respond using Form DRC-01C Part B, either by settling the difference via Form DRC-03 or providing an explanation. Failure to respond will prevent filing subsequent GSTR-1/IFF returns. A detailed manual for navigating this process is available on the GST portal.
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