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A significant number of the show-cause notices issued to taxpayers under the GST regime in 2023-24 stemmed from data discrepancies in tax return filings, a senior indirect tax official said on Tuesday. Efforts are now underway to leverage technology to resolve these mismatches and ease the complianc
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FAQ :
The primary reason for GST show-cause notices in 2023-24 was data discrepancies in tax return filings.
Nearly 1.13 lakh show-cause notices were issued to taxpayers under the GST regime in 2023-24.
No, most disputes were linked to data verification issues, with only 555 notices related to classification disputes on tax rates.
Examples include short payment of GST in GSTR-3B compared to GSTR-1, excess input tax credit claimed in GSTR-3B compared to GSTR-2A, and non-payment of GST under the reverse charge mechanism.
The CBIC is leveraging technology, including a new ledger system being developed by the GST Network, to track reverse charge liabilities and minimize disputes.
The aim is to minimize disputes and reduce the compliance burden for taxpayers.
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