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of <h1>Rule 71: Electronic MIS Notices for GST Input Tax Discrepancies; Suppliers or Recipients Can Rectify or Face Added Liability</h1> Rule 71 provided that discrepancies between a recipient's claim of input tax credit and supplier-reported details would be communicated electronically to the recipient and supplier via prescribed MIS forms. The supplier or recipient could rectify their outward or inward supply statements for the month in which the discrepancy was communicated. If not rectified, the discrepancy amount would be added to the recipient's output tax liability in the return filed for the month following the communication. Rectification by supplier or recipient was defined as adjusting reported outward or inward details to achieve matching.
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