https://www.taxtmi.com/news?id=16662 Draft rules establish an electronic Common Portal regime: suppliers file outward supplies in FORM GSTR-1; recipients receive Part A data in FORM GSTR-2A and must prepare FORM GSTR-2 to reconcile, accept or amend inputs. Monthly, quarterly, annual and special returns are prescribed in standardized forms; invoice-level matching of GSTINs, invoice identifiers, taxable values and tax amounts governs acceptance of input tax credit and reductions in output liability, with mismatches, duplications and e commerce discrepancies communicated electronically for rectification and, if unrectified, added to output tax in subsequent GSTR-3 filings. en-us Tue, 27 Sep 2016 17:58:54 +0530 Wed, 11 Feb 2026 15:56:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=16662 Draft rules establish an electronic Common Portal regime: suppliers file outward supplies in FORM GSTR-1; recipients receive Part A data in FORM GSTR-2A and must prepare FORM GSTR-2 to reconcile, accept or amend inputs. Monthly, quarterly, annual and special returns are prescribed in standardized forms; invoice-level matching of GSTINs, invoice identifiers, taxable values and tax amounts governs acceptance of input tax credit and reductions in output liability, with mismatches, duplications and e commerce discrepancies communicated electronically for rectification and, if unrectified, added to output tax in subsequent GSTR-3 filings. News - Tue, 27 Sep 2016 17:58:54 +0530 https://www.taxtmi.com/news?id=16662