https://www.taxtmi.com/acts?id=26030 Matching requires a supplier's reduction in output tax liability to correspond with the recipient's reduction in input tax credit in a valid return; matched claims are accepted and communicated. Discrepancies or undeclared credit notes are communicated and, if not rectified, added to the supplier's output tax liability in the succeeding month. Duplication findings similarly result in additions. Suppliers face interest on amounts added from the date of the original claim until addition; any refunded interest when correction occurs is capped by the interest paid by the recipient. en-us Sat, 17 Jun 2017 12:51:11 +0530 Thu, 29 Jun 2017 15:47:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=26030 Matching requires a supplier's reduction in output tax liability to correspond with the recipient's reduction in input tax credit in a valid return; matched claims are accepted and communicated. Discrepancies or undeclared credit notes are communicated and, if not rectified, added to the supplier's output tax liability in the succeeding month. Duplication findings similarly result in additions. Suppliers face interest on amounts added from the date of the original claim until addition; any refunded interest when correction occurs is capped by the interest paid by the recipient. Act-Rules GST - States Sat, 17 Jun 2017 12:51:11 +0530 https://www.taxtmi.com/acts?id=26030