Notice U/S 73 & DRC-01 Validity?

GST (10 Points)

17 March 2024  

Sir/Ma'am,

I was issued DRC-01 on 03/05/2022 for F.Y. 2018-19. But no action was taken by the Proper Officer at that time. But now on 23/11/2023 DRC-01A intimation was issued in which it is written that "You are hereby advised to pay the amount of tax as ascertained above along with the amount of applicable interest in full by 27/12/2023, failing which Show Cause Notice will be issued under Section 73(1)". The last date to issue DRC-01 u/s 73 was 31/01/2024 for F.Y. 2018-19. But he did not issue any Show Cause Notice issued under Section 73(1) till 31/01/2024.

Now my question: Is my case time-barred for F.Y. 2018-19?

What happens now?

Thank You in advance.