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Provisions of unclaimed Input tax credit

This query is : Resolved 
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(Querist)
09 February 2020 I made a purchase in 2017-18 but by mistake i never claimed ITC for the same. Now i received a notice from department that My GSTR-3B is shorter than GSTR-2A. What should i do? What is provision for this situation? Can department tax penalty for unclaimed ITC. Please tell me.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
10 February 2020 No penalty can be levied on unclaimed ITC. ITC only lapse when it's not claimed.
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Mukul Anand

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Mukul Anand (Querist)
12 February 2020 Officer sent me a notice under sec.70. He is saying that I have not shown purchase and now i have to pay penalty as a fraud case.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
12 February 2020 File annual return gstr 9 and correct it now.
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