kindly let me know ---
Issuance of GST Show Cause Notice for Mismatched ITC
ON
1) Monthly Return Basis OR 2) Yearly Return Basis
Remarks : If Yearly Return Basis , then Why Restricted ITC 20% on Mismatched for said Month
Please reply ... thanks
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GST Show Cause Notice for Mismatched ITC
Replies (1)
GST mismatch notices are primarily generated on a monthly or quarterly basis via Form DRC-01C based on your GSTR-3B filings. The "20% restriction" is an obsolete rule from 2019–2021; currently, ITC eligibility is strictly tied to GSTR-2B data. You should reconcile your records monthly and respond to any notices with a clear explanation of timing or clerical differences.
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