GST UPDATE

???? CA. Praveen Sharma Ki Desk Se ?????

Draft Reply Response to Demand Notice – Request for Rectification of Turnover Difference in GSTR-3B and GSTR-7

?I am writing regarding the demand notice [Notice Reference Number] dated [Notice Date] concerning the discrepancy between the turnover reported in our GSTR-3B and GSTR-7, resulting in a demand of Rs. 1,871,030/-.

?Issue Details :  Taxable Value (GSTR-1 & GSTR-3B): Rs. 10,394,610/-

Turnover as per GSTR-7 (TDS Deducted): Rs. 26,076,851/-

Demand on Difference: Rs. 1,871,030/-

?Explanation: The demand arose due to TDS being deducted on the total invoice value, which includes GST, instead of the taxable value as per Section 51 of the CGST Act, 2017. TDS should be applied only to the taxable value, excluding GST.

?Request: I kindly request you to rectify the calculation by adjusting the taxable value to Rs. 10,394,610/- and withdraw the demand of Rs. 1,871,030/- due to this error.

?Enclosures: Copies of GSTR-1, GSTR-3B, and GSTR-7

Relevant invoices showing taxable value and GST component

Thank you for your attention to this matter. I look forward to your prompt action.

CA. Sharma Praveen

+91-9871530610