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Gstr 3b and gstr-1 mismatch notice

WebApr 10, 2024 · The first related to the mismatch of payment of taxes. The show-cause notice mentioned that the tax liability, as declared in the GSTR-1 did not match with the payment of tax in GSTR-3B. The concerned authority found that there was a difference of ₹14,916/-between the tax liability as declared in GSTR-1 and as paid under GSTR-3B. WebFeb 21, 2024 · This is an important communication related to mismatch in GSTR 3b and GSTR 1. CBIC has released a caution via circular No.Circular No. 89/08/2024-GST. …

GST Notices - What is Notice & Types of Notices - Masters India

WebApr 6, 2024 · GSTR-3A: Default notice for taxpayers who have not filed GST returns in GSTR-1, GSTR-3B, GSTR-4, or GSTR-8: File the required GST returns along with late fees and interest on the GST liability (if any) 15 days from the date of receiving the notice: Assessment of tax to the best judgement by using the available information. Web3 hours ago · Notice on mismatch in GSTR-3B and GSTR-2A without specifying contraventions is vague; Deduction u/s 11 not deniable merely on the basis of technicalities; TDS u/s 194J not deductible on payment to contract teachers; Penalty order u/s 271(1)(c) issued without striking off irrelevant limb is liable to be deleted; Microeconomics and … product key windows 10 home pro https://p-csolutions.com

Rule 88C - GSTR 3B vs GSTR 1 mismatch in Liability

WebI have 7 years experience in (including of 3 years of acticleship). 1. Indirect Tax Laws (GSTR preparation and filing of GSTR-1, GSTR-3B, GSTR-9 and Reconciliation of GSTR-2A with books. Also done GST Audit for certification of GSTR-9C) 2. Direct Tax Laws (Preparation and filing of TDS (24Q, 26Q) & TCS (27EQ) Returns, ITRs and Advance … WebDec 18, 2024 · 5. Advantages of GSTR-3B vs GSTR-1 Tax Comparison Report. GSTR-1 and GSTR-3B can be downloaded throughout the month to start comparing data. Verify GST login once using OTP, and continue to easily update data. Check the difference for every field such as outward tax, outward taxable value, supplies under RCM in both … WebNov 6, 2024 · The taxpayer should be extremely alert while filing his GST returns to avoid the burden of unnecessary reconciliations and notice from GST Department. First of all, your sales/supply figures given in GSTR-1 should match with the sale/supply figures given in GSTR-3B, which is the main base of the GST. relative fake family quotes

Understanding TDS on Dividend Income & How to avoid it with …

Category:How to reply notices of mismatch of GSTR 3B & 2A?

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Gstr 3b and gstr-1 mismatch notice

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WebAug 14, 2024 · Form GSTR-3B is a monthly summary return filed by the taxpayer by the 20th of the next month or 22nd/24th of month following the quarter. Form GSTR- 2A is … WebMay 16, 2024 · With effect from January 01, 2024 mismatches between GSTR 1 and GSTR 3B can have an impact on your working capital. GST officers can initiate various measures such as withholding your GST refunds, reaching out to your debtors to pay them instead of paying you, etc. to try and recover the tax liability to the extent of mismatch or short …

Gstr 3b and gstr-1 mismatch notice

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WebFeb 23, 2024 · What is the Notice for Mismatch of ITC in GSTR 3B and GSTR 1? The GST department may issue a notice to the dealer if the ITC claimed in GSTR 3B does not … WebJun 30, 2024 · The mismatch between GSTR-3B and GSTR-1 due to changes in the invoice date issued and the date of credit or debit note issued. Inter-state supplies made …

Webmismatch between GSTR 3B and GSTR 2A. This was due to non filing of the returns by the suppliers of the goods. He purchased the goods during the period of 2024-20 from various suppliers to be used in its projects and the suppliers issued invoices bearing GGST and CGST Act. He made payments through the bank of those invoices. 4. WebJan 9, 2024 · Tax officers will give reasonable time to erring business to explain reasons for mismatch in turnover reported in sales return GSTR-1 and tax payment form 3B before …

WebResponse to the notice will be filed under GST-REG-26. This notice used to be issued in the initial phase of GST. GSTR-3A – It is issued for non-filing of GSTR-1 or GSTR-3B or … WebThe government is sending out notices to taxpayers where discrepancies have been noticed in input tax credit between the GSTR-3B and GSTR-2A/2B. If your busi...

Web3 hours ago · Notice on mismatch in GSTR-3B and GSTR-2A without specifying contraventions is vague; Deduction u/s 11 not deniable merely on the basis of technicalities; TDS u/s 194J not deductible on payment to contract teachers; Penalty order u/s 271(1)(c) issued without striking off irrelevant limb is liable to be deleted; Microeconomics and …

WebGST authorities have issued notices to a large number of taxpayers asking them to reconcile the ITC claimed in a self-declared summary return Form GSTR – 3B with the auto-generated Form GSTR-2B and Form GSTR – 2A. Such notices are issued in Form GST ASMT – 10. The taxpayer would be required to reply to such notices or pay the … relative factor in hplcproduct key windows 10 pro gratis 2023WebMay 23, 2024 · To repeat here that GSTR-3B is an temporary form introduced for the purpose of payment of tax. Since the whole process of GSTR-1, GSTR-2 and GSTR-3 is … product key windows 10 pro julho 2017WebJul 15, 2024 · There can be broadly two reasons for mismatch in GSTR 1 and GSTR 3B : Total of outward supply was more as per GSTR 1 as compared to GSTR 3B; Total of … relative finder app byuWebJan 12, 2024 · Sl no: Name of the Form- Notice: Description: Reply or Action to be taken: Time limit to respond: Consequence of non-response: 1: GSTR-3A: Default notice to non-filers of GST returns in GSTR-1 or GSTR-3B or GSTR-4 or GSTR-8: File the particular GST Returns, that is yet to be filed along with late fees for the delay and interest on the GST … relative file path exampleWebJan 3, 2024 · There have been multiple instances of ITC being passed on by the supplier vide GSTR-1 for which taxes have not been discharged through GSTR-3B. While some of the mismatches in GSTR-1 and 3B … product key windows 10 microsoftWebHow to reply GST notice for discrepancy found in the return after scrutiny GSTR 3B and GSTR 2A Input tax credit Mismatch Notice product key windows 10 official website