Come January 1, taxmen can directly start recovery for mismatch in sales in GSTR-1, 3B
The move will help curb the menace of fake billing whereby sellers would show higher sales in GSTR-1 to enable purchaser to claim input tax credit (ITC), but report suppressed sales in GSTR-3B to lower GST liability
Under the goods and services tax law, so far, show cause notices were first issued and then recovery process was initiated in such cases of mismatch in GSTR-1 and GSTR-3B