https://www.taxtmi.com/forum/issue?id=119599 Department queries taxability where GSTR 2A shows taxable purchases but the taxpayer declared only exempt supplies and did not claim ITC. Taxpayer must substantiate exemption with books, inward supply records and accounts; the notice's language indicates prima facie scrutiny. Possible departmental actions include proceedings under Section 73 or Section 74, with the department bearing burden to prove wilful evasion while the taxpayer must produce evidence of genuine non taxability. Consequences may include lost ITC, assessments with interest and penalty, and time bar issues; the taxpayer should clarify supplies and contest incorrect credits. en-us Thu, 13 Feb 2025 22:01:47 +0530 Tue, 11 Mar 2025 22:05:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=119599 Department queries taxability where GSTR 2A shows taxable purchases but the taxpayer declared only exempt supplies and did not claim ITC. Taxpayer must substantiate exemption with books, inward supply records and accounts; the notice's language indicates prima facie scrutiny. Possible departmental actions include proceedings under Section 73 or Section 74, with the department bearing burden to prove wilful evasion while the taxpayer must produce evidence of genuine non taxability. Consequences may include lost ITC, assessments with interest and penalty, and time bar issues; the taxpayer should clarify supplies and contest incorrect credits. Discussion-Forum GST Thu, 13 Feb 2025 22:01:47 +0530 https://www.taxtmi.com/forum/issue?id=119599