GST officers to seek details of all invoices in case of ITC mismatch

GST officers will have to seek details of all invoices on which input tax credit (ITC) has been availed of by erring business in cases of mismatch in GSTR-1 and GSTR-3B before initiating recovery action for short payment or non-payment of taxes. The Central Board of Indirect Taxes & Customs (CBIC) on Tuesday issued circular clarifying guidelines on recovery proceedings for the period…