Limitation period extension for GST records; DRC-03 expanded to register DRC-01A intimations and mismatch categories. Rules extend the period in rule 137 to five years from 30 November 2021 and amend FORM GST DRC-03 to include intimation of tax ascertained through FORM GST DRC-01A, broaden reason codes to add audit/inspection/investigation, scrutiny and specified mismatch categories, insert additional timing/contents entries in item 5, and substitute the serial number 7 table to capture detailed tax components, totals and ledger utilisation with debit entry references.
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Limitation period extension for GST records; DRC-03 expanded to register DRC-01A intimations and mismatch categories.
Rules extend the period in rule 137 to five years from 30 November 2021 and amend FORM GST DRC-03 to include intimation of tax ascertained through FORM GST DRC-01A, broaden reason codes to add audit/inspection/investigation, scrutiny and specified mismatch categories, insert additional timing/contents entries in item 5, and substitute the serial number 7 table to capture detailed tax components, totals and ledger utilisation with debit entry references.
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