The GSTN has issued Advisory No. 606 dated October 06, 2023 in respect of the introduction of Compliance Pertaining to DRC-01C (Difference in Input Tax Credit (ITC) available in GSTR-2B & ITC claimed in the GSTR-3B).
The Government vide Notification No. 38/2023 – Central Tax dated August 04, 2023 inserted the Rule 88D in CGST Rule, 2017 dealing with difference in input tax credit available in GSTR-2B and ITC availed in GSTR-3B. This functionality vis a vis this rule has now started operating on the GST portal.
Source
Latest Posts in "India"
- India Supreme Court Upholds GST on Full Stakes in Online Gaming and Casinos
- TNVS Demands Tax Cuts on Tractors and Diesel for Farmers
- Ludhiana Police Book Nine Firms in GST Fraud Crackdown
- Hyderabad GST Evasion Surges as One-Third of Dealers Fail to File Returns
- Ludhiana Police Crack Down on GST Fraud Network
