https://www.taxtmi.com/article/detailed?id=16137 Mismatch between GSTR-1 and GSTR-3B arising from bona fide clerical or arithmetical error cannot be mechanically treated as self-assessed tax under Section 75(12) without following Rule 88C intimation procedure. Erroneous disclosure in GSTR-1 does not justify recovery at a rate higher than the statutory rate actually applicable to the transaction. The retrospective insertion of Section 16(5) extends the availability of input tax credit for specified financial years up to 30 November 2021, making denial of ITC solely on the ground of late filing unsustainable within that period. en-us Sat, 04 Apr 2026 08:58:29 +0530 Sat, 04 Apr 2026 08:58:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=16137 Mismatch between GSTR-1 and GSTR-3B arising from bona fide clerical or arithmetical error cannot be mechanically treated as self-assessed tax under Section 75(12) without following Rule 88C intimation procedure. Erroneous disclosure in GSTR-1 does not justify recovery at a rate higher than the statutory rate actually applicable to the transaction. The retrospective insertion of Section 16(5) extends the availability of input tax credit for specified financial years up to 30 November 2021, making denial of ITC solely on the ground of late filing unsustainable within that period. Articles Goods and Services Tax - GST Sat, 04 Apr 2026 08:58:29 +0530 https://www.taxtmi.com/article/detailed?id=16137