https://www.taxtmi.com/acts?id=20235 The GST Common Portal validates uploaded returns, issues acknowledgement numbers, and forwards acknowledged returns to Central and State tax authorities. It manages Input Tax Credit matching-confirming ITC to purchasers when supplier returns and tax payment are valid-communicates matching results to taxpayers, auto-populates ITC reversals in the second month after filing, and aggregates cross-credit utilization between IGST and SGST to generate dealer-wise settlement instructions under the IGST model. en-us Sat, 12 Dec 2015 02:48:35 +0530 Sat, 12 Dec 2015 02:48:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=20235 The GST Common Portal validates uploaded returns, issues acknowledgement numbers, and forwards acknowledged returns to Central and State tax authorities. It manages Input Tax Credit matching-confirming ITC to purchasers when supplier returns and tax payment are valid-communicates matching results to taxpayers, auto-populates ITC reversals in the second month after filing, and aggregates cross-credit utilization between IGST and SGST to generate dealer-wise settlement instructions under the IGST model. Act-Rules Bills Sat, 12 Dec 2015 02:48:35 +0530 https://www.taxtmi.com/acts?id=20235