Inward supplies reconciliation: recipients must verify, furnish and rectify inward supply details including reverse charge and integrated taxable supplies. Recipients (other than specified exclusions) must verify and reconcile supplier communicated outward supply details to prepare inward supplies, and electronically furnish details of inward taxable supplies including reverse charge and integrated-taxable supplies and related credit/debit notes within the prescribed period. Any recipient modifications must be communicated to suppliers as prescribed. Unmatched details discovered to contain errors or omissions must be rectified in the period of discovery, with any tax and interest paid, subject to the prescribed rectification cutoff and procedural rules for communication and extensions.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Inward supplies reconciliation: recipients must verify, furnish and rectify inward supply details including reverse charge and integrated taxable supplies.
Recipients (other than specified exclusions) must verify and reconcile supplier communicated outward supply details to prepare inward supplies, and electronically furnish details of inward taxable supplies including reverse charge and integrated-taxable supplies and related credit/debit notes within the prescribed period. Any recipient modifications must be communicated to suppliers as prescribed. Unmatched details discovered to contain errors or omissions must be rectified in the period of discovery, with any tax and interest paid, subject to the prescribed rectification cutoff and procedural rules for communication and extensions.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
AI OCR ✕
of 
TaxTMI 
TaxTMI 
