24 January 2024
in fy 17-18 in aug entered tax on outward supply 50000 CGST 5000 SGST ( diff 50000-5000=45000) in 3B , in dec-18 45000 should be increase in SGST outward supply but wrongly 45000 sgst less in input hence there was no any tax payable , but now gst dept issue notice for difference between gstr 1 cgst 50000 3b 5000. ( at the 1st time 3b introduce for 3 month and after that they increase 6 month, 3b was not permanent return & itc set off through 3 not 3b , & itc mechanism as law was not apply as yet ) can dept disallow itc 45000/- ?
CAclubindia
