Manner of dealing with difference in input tax credit available in auto-generated statement containing the details of input tax credit and that availed in return

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..... Intimation in respect of excess ITC availed [ Rule 88D(1) ] Where the amount of input tax credit availed by a registered person in the return for a tax period or periods furnished by him in FORM GSTR-3B exceeds the input tax credit available to such person in accordance with the auto-generated statement containing the details of input tax credit in FORM GSTR-2B in respect of the said tax .....

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..... n in respect of Excess credit availed intimation [ Rule 88D(2) ] Upon receipt of the intimation to a registered person referred under rule 88D(1) can availed any one option within a period of seven days., either, Payment equal to excess credit :- (a) pay an amount equal to the excess input tax credit, as specified in Part A of FORM GST DRC- 01C, fully or partially, along with interest .....

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