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Regarding notice U/s 61 (17-18)

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RUDRA

Income & Corporate Tax Lawyer

262 Points Posted on 27 May 2023

I got a notice u/s 61. In which there is difference between GSTR1 and GSTR3B and supply is exempt.
There is difference of 1L in GSTR3B in the comparison to R1. I want to know what will be demand?
Because it's exempt supply so.. there is no tax thn there will be interest. I had filed all the returns thn no late fee. So can officers issue me demand in format of penalty.
or anything else.. if anyone can suggest.
I will be very thankful.

Replies (3)

Quick Summary

This discussion addresses a notice received under Section 61 of the GST Act concerning discrepancies between GSTR1 and GSTR3B filings for exempt supplies. The user is seeking clarification on potential demands, penalties, or interest, particularly as the supply in question is exempt from tax. Another user suggests that while there might be a turnover suppression, it doesn't necessarily equate to tax evasion, implying no interest or penalty should apply.