Issued of DRC-13 by officer
This query is : Resolved
08 April 2024
Given the scenario described:
Mr. A, a celebrity individual, had paid an advance tax of Rs. 19 lakhs for services rendered via GST 3B, with the amount received in his bank account during the financial year 2019-20, specifically in October 2019.
Although 2 Performa invoices were raised during the financial year, the corresponding bills were inadvertently uploaded in the GSTR-1 return for the subsequent financial year 2020-21, in January 2021, following the completion of the services.
Consequently, there is a noticeable difference in tax liability comparison between the financial years 2019-20, with excess liability, and 2020-21, with shortfall liability.
In the financial year 2021-22, the officer raised a Notice of shortfall liability amounting to Rs. 19 lakhs, which had already been paid during the financial year 2019-20. We promptly replied to that notice with proper documentation.
Now, the office has issued DRC-13 to the bank holding the payment.
How can i give reply to officer in issued of DRC-13 ?
Mr. A, a celebrity individual, had paid an advance tax of Rs. 19 lakhs for services rendered via GST 3B, with the amount received in his bank account during the financial year 2019-20, specifically in October 2019.
Although 2 Performa invoices were raised during the financial year, the corresponding bills were inadvertently uploaded in the GSTR-1 return for the subsequent financial year 2020-21, in January 2021, following the completion of the services.
Consequently, there is a noticeable difference in tax liability comparison between the financial years 2019-20, with excess liability, and 2020-21, with shortfall liability.
In the financial year 2021-22, the officer raised a Notice of shortfall liability amounting to Rs. 19 lakhs, which had already been paid during the financial year 2019-20. We promptly replied to that notice with proper documentation.
Now, the office has issued DRC-13 to the bank holding the payment.
How can i give reply to officer in issued of DRC-13 ?
09 April 2024
Facts need more clarity issues of FY 19-20 and FY 20-21 , why demand was created for FY 2021-22
Some information are missing . Kindly provide more details of the fact
Some information are missing . Kindly provide more details of the fact
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- TDS U/S. 194NF
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- Capital gain consideration
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
Trending Online Classes
CAclubindia
