CBIC Official: Data Discrepancies Behind Most GST Show-Cause Notices in 2023-24

A significant number of GST show-cause notices issued in 2023-24 stemmed from data discrepancies in tax return filings. Efforts are underway to leverage technology to resolve these mismatches and ease the compliance burden for taxpayers. The GST Network is developing a new ledger system to track all reverse charge liabilities, ensuring taxpayers cannot claim ITC beyond what is available. This initiative aims to minimize disputes and reduce compliance challenges.