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GST Department Is Issuing Notices For Mismatch In Input Tax Credit

We all know that CBIC had allowed mismatch of 20%, 10% and 5% for the difference between ITC as available in GSTR-2A/ 2B and the ITC as claimed in GSTR-3B Return.

Consequently, GST Department has started issuing notices to several companies after tracking huge mismatch in ITC available and ITC claimed.

Source: taxconcept.net

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