https://www.taxtmi.com/article/detailed?id=7193 Registered taxable persons must file electronic statements of outward supplies (GSTR-1) and inward supplies (GSTR-2) within prescribed deadlines, subject to enumerated exclusions; recipients may accept or reject communicated details and suppliers must rectify unmatched entries and pay interest on short-paid tax. Input tax credit is self assessed and subject to matching with supplier returns, with excesses, duplications or discrepancies communicated and adjusted against outward liability or refunded to electronic ledgers. Rectifications are barred after filing the September return following year end or the annual return, whichever is earlier. en-us Mon, 09 Jan 2017 08:21:27 +0530 Mon, 09 Jan 2017 08:21:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7193 Registered taxable persons must file electronic statements of outward supplies (GSTR-1) and inward supplies (GSTR-2) within prescribed deadlines, subject to enumerated exclusions; recipients may accept or reject communicated details and suppliers must rectify unmatched entries and pay interest on short-paid tax. Input tax credit is self assessed and subject to matching with supplier returns, with excesses, duplications or discrepancies communicated and adjusted against outward liability or refunded to electronic ledgers. Rectifications are barred after filing the September return following year end or the annual return, whichever is earlier. Articles Goods and Services Tax - GST Mon, 09 Jan 2017 08:21:27 +0530 https://www.taxtmi.com/article/detailed?id=7193