Limitation period for GST recovery extended to five years and FORM GST DRC-03 reporting requirements expanded. Limitation period for tax recovery is extended from four to five years by amending rule 137. FORM GST DRC-03 is substantively revised: the heading now references intimation via FORM GST DRC-01A; item 3 expands to include audit, inspection or investigation, scrutiny, intimation through DRC-01A and specific mismatch categories; item 5 adds scrutiny and DRC-01A intimation among triggering timelines; and the table at serial number 7 is replaced to require detailed entries for tax period, place of supply, tax components, ledger utilised and debit entry particulars.
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Provisions expressly mentioned in the judgment/order text.
Limitation period for GST recovery extended to five years and FORM GST DRC-03 reporting requirements expanded.
Limitation period for tax recovery is extended from four to five years by amending rule 137. FORM GST DRC-03 is substantively revised: the heading now references intimation via FORM GST DRC-01A; item 3 expands to include audit, inspection or investigation, scrutiny, intimation through DRC-01A and specific mismatch categories; item 5 adds scrutiny and DRC-01A intimation among triggering timelines; and the table at serial number 7 is replaced to require detailed entries for tax period, place of supply, tax components, ledger utilised and debit entry particulars.
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