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TMI BlogDRC-01 ISSUED TWICE FOR SAME SCNX X X X Extracts X X X X X X X X Extracts X X X X ..... Respected Sir/Madam, I am seekiing your expert opinion regarding the issuance of two DRC-01 forms for the same Show Cause Notice (SCN), which was issued in connection with audit observations. First DRC-01 : Issued on 31.05.2024, covering a total liability of ₹1,42,52,000. This DRC-01 pertains solely to the financial year 2021-22, while liabilities for the financial years 2017-18, 2018-19, 20 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 19-20, and 2020-21 were omitted.: a. Reply has already been submitted against the DRC-01 . Second DRC-01 : Issued on 28.08.2024, this revised DRC-01 reflects a total liability of ₹3,55,00,000 and covers the financial years 2017-18 through 2021-22 In this situation, Which DRC-01 should be considered for filling a reply because currently two SCN reflect in the GST portal. Moreover, if the seco ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nd DRC-01 is to be considered, the extended period for the financial year 2017-18 appears to be time-barred. Are there any other points I should consider when preparing my reply? I would appreciate your advice. - Reply By VENU K - The Reply = Sec 73 (3) empowers the officer to issue a statement of demand where notice has been issued for any period under sub-section 1, the proper officer may serve ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... a statement, containing the details of .......................................for such periods other than those covered under sub section 1. But if it is a statement of Demand issued under Sec 73(3) they need to issue DRC 02 and not another DRC 01 . - Reply By KASTURI SETHI - The Reply = Both DRC-01 s have to be adjudicated. You should also file reply to second DRC-01 . You should fight on merits ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... as well as on time-bar issue. - DRC-01 ISSUED TWICE FOR SAME SCN - Query Started By: - Vinod jadhav Dated:- 29-8-2024 Last Replied Date:- 29-8-2024 Goods and Services Tax - GST - Got 2 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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