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What is DRC 01C | How to view and reply | GSTR 1 will block if not compliance DRC 01C Notice.

The GST Council has come up with a new way to alert taxpayers when they've taken too much Input Tax Credit (ITC) in their GSTR-3B form compared to what's shown in GSTR-2B. If this excess ITC goes above a certain limit, a system-based notification will be sent to the taxpayers. They're also introducing a new rule called 88D and a form called DRC-01C in the CGST Rules, 2017, to make sure taxpayers can explain or fix this excess ITC. In simpler terms, this change aims to reduce errors and misuse of the ITC facility in the GST system by giving taxpayers a heads-up and a way to fix mistakes when they claim too much ITC.