Turnover declared in 3B is lesser as compared to R1
department is asking to pay difference turnover through DRC 03 f y October 2017 Rs 1,88,000
and department also demanding Interest from October 17
IS THIS JUSTIFIED
pls reply
As per Notification No. 39/2021 - Central Tax , Dated 21st Dec 2021,and also as per explanation of Section 75(12) of CGST Act.
Self Assessment Tax include tax liability declare in GSTR 1 (Section 37) and not in GSTR 3B (Section 39).
Therefore Department can demand for tax and interest also.
CAclubindia
