GSTR-1 Turnover Reporting Error Leads to Tax Liability of Rs. 1.4 Cr: Madras HC Quashes DRC-07 Order, Grants Opportunity to Contest [Read Order]

The Court acknowledged the discrepancy in turnover reporting and deemed it necessary to provide the petitioner with an opportunity to establish the genuine turnover figure
GSTR-1 Turnover Reporting Error Leads - Tax Liability - Madras HC Quashes DRC-07 - Grants Opportunity to Contest - taxscan

The Madras High Court has intervened in a case where a taxpayer faced GST liability of Rs. 1.4 crore due to an erroneous turnover reporting in their GSTR-1 return. The Court, acknowledging the gravity of the situation, quashed the DRC-07 order and granted the taxpayer a crucial opportunity to contest the assessment. The petitioner asserted…

Your free access to Taxscan has Expired

To read the article, get a premium account.

Taxscan Premium

Why should you subscribe?
  • Enjoy our website without interruptions from advertisements
  • Receive Daily newsletters
  • Receive realtime Telegram/Whatsapp news updates
  • Download original Judgements / Order / Notifications / Circulars, etc
  • Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
  ₹1199 + GST for 1 year

Subscribe Now