New Delhi: State-run MOIL Ltd has informed the exchanges that the Company has received an order from the Joint Commissioner of State Tax, Madhya Pradesh, related to alleged mismatches and excess/ ineligible claims relating to GSTR-3B vs GSTR-9, GSTR-1 vs GSTR3B, GSTR-2A vs Inward E-Way Bill and related issues and penalty thereon.
The Order passed in Form GST DRC-07 under Section 73(9) of the CGST/SGST Act, 2017 for FY 2021-22.
The Details of the violation has been cited as alleged mismatches and excess/ineligible claims relating to GSTR-3B vs GSTR-9, GSTR-1 vs GSTR-3B, GSTR-2A vs Inward E-Way Bill and related issues for the period April 2021 and March 2022.
A Total demand of Rs. 2.56 crore including GST and Penalty has been received by the company.
Further, the company has stated that demand does not have any immediate operational impact. The Company is examining the order and shall take appropriate legal steps, including filing an appeal within the prescribed time under the GST Act.