During GST audit , we found that there is a wrong availment of credit. So we filed DRC-03 and paid the liability with interest. Now do we need to reduce ITC availed earlier taken while filing GSTR-9?
One more issue, during GST audit, we found that there is a medical insurance recovery from employees, so we paid the liability through DRC-03. Do we need to include this in outward taxable supplies and shows liability paid?
16 March 2021
But in the second case, no ITC was availed ? It is the area identified by the auditor during the audit that on medical insurance recovery from the employees no GST was paid.
CAclubindia
