1. One of my client received notice that, F.Y. 2017-18 TO 2020-21 ITC mismatched with GSTR 2A to 3B & he has to pay the different tax with interest and penalty. His TURNOVER is less than 2 Cr. Mismatch would be less than 10 percent of turnover. He had proper invoice copies from day one onwards.
2. Received a note that, Some Sellers shows their bills in GSTR 1 in the year 2020-21, BUT they didn't file GSTR 3B. But still the particular dealers GSTIN are active and they filed the returns upto OCTOBER 2022.
3. One seller wrongly shows the bills are Y in REVERSE CHARGE coloumn instead of N. But in invoice they didn't mention it is under RCM. Hence, the officer ask us to pay the tax amount with interest and penalty.
4. Is Late fee applicatble in year 2018-19 and 2019-20
5. Kindly explain sec 36(4).
CAclubindia
