https://www.taxtmi.com/acts?id=22686 Discrepancies in reduction of output tax liability identified by matching must be communicated in FORM GST ITC-1 to both supplier and recipient via the Common Portal by the last date of the matching month. Suppliers and recipients may rectify their outward or inward supply statements for that month; if no rectification occurs, the discrepant amount is added to the supplier's output tax liability in the next month's FORM GSTR-3. Rectification by supplier means deleting or correcting outward supply details; rectification by recipient means adding or correcting inward supply details. en-us Thu, 06 Oct 2016 18:08:54 +0530 Thu, 06 Oct 2016 18:08:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=22686 Discrepancies in reduction of output tax liability identified by matching must be communicated in FORM GST ITC-1 to both supplier and recipient via the Common Portal by the last date of the matching month. Suppliers and recipients may rectify their outward or inward supply statements for that month; if no rectification occurs, the discrepant amount is added to the supplier's output tax liability in the next month's FORM GSTR-3. Rectification by supplier means deleting or correcting outward supply details; rectification by recipient means adding or correcting inward supply details. Act-Rules Bills Thu, 06 Oct 2016 18:08:54 +0530 https://www.taxtmi.com/acts?id=22686