Goods and Services Tax – GST Dated:- 6-10-2023 – News – Dear Taxpayers, 1.The Government vide Notification No. 38/2023 Central Tax dated 04th Aug, 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. 2. The system now compares the ITC available as per GSTR-2B /2BQ with the ITC claimed as per GSTR-3B /3BQ for each return period. If the claimed ITC exceeds the ITC available as per GSTR-2B by predefined limits, as directed by competent authority, the taxpayer shall receive an intimation in the form of Form DRC-01C . 3. Upon receivin
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