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Mismatched ITC Found in Month but No Mismatched ITC Found in GSTR 9

Others 263 views 4 replies

sujit naha

accountant

355 Points Posted on 07 March 2021

financial year 2019 -2020

1) ITC Mismatched found in -- May and Nov'19

2 ) All Mismatched ITC Invoices uploaded by Supplier on -- Feb'20

3) Result : No Mismatched ITC found at GSTR-9 for 2019 -2020

question: Can GST Authority Impose Penalty/ Interest / Show Cause etc. for above incidents ???

please reply with Rules

Replies (4)

CA. Sourav Sarkar

Chartered Accountant

24588 Points Posted on 07 March 2021

In case all the mismatch ITC's are matched at the end of the year by uploading all the invoices then no notice or penalty can be imposed by GST authority

Shivam RC

Student

23693 Points Posted on 07 March 2021

If all the ITC mismatch is matched in the Annual Return ( FORM GSTR-9 ), then there is no issue. The Department will not issue any Notice or impose Penalty if everything is fine and proper.

Pankaj Rawat

GST Practitioner

55067 Points Posted on 08 March 2021

No..... No SCN shall be be issued in this case . (Moreover in table 8A of GSTR 9 have been match with table 8B, so the question of mismatch does not arise )