https://www.taxtmi.com/manuals?id=3187 Rule 88D requires electronic intimation when ITC claimed in return exceeds auto generated ITC statement amounts; the intimation (FORM GST DRC-01C Part A) directs the registrant to either pay the excess with interest via FORM GST DRC-03 or furnish reasons on the common portal within seven days. The registrant must record payment or explanation in Part B of FORM GST DRC-01C. Non-response or unacceptable explanations lead to demand and recovery under the assessment provisions. Guidance also stresses proper return reporting and classification of ITC reversals. en-us Sat, 14 Oct 2023 11:54:00 +0530 Fri, 21 Mar 2025 15:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=3187 Rule 88D requires electronic intimation when ITC claimed in return exceeds auto generated ITC statement amounts; the intimation (FORM GST DRC-01C Part A) directs the registrant to either pay the excess with interest via FORM GST DRC-03 or furnish reasons on the common portal within seven days. The registrant must record payment or explanation in Part B of FORM GST DRC-01C. Non-response or unacceptable explanations lead to demand and recovery under the assessment provisions. Guidance also stresses proper return reporting and classification of ITC reversals. Manuals GST Sat, 14 Oct 2023 11:54:00 +0530 https://www.taxtmi.com/manuals?id=3187