https://www.taxtmi.com/acts?id=28504 Credit note details must be matched with recipient returns to confirm reductions and detect duplication; matched claims are accepted, while discrepancies or duplications are communicated and, if not rectified, added back to the supplier's output tax liability. Suppliers face interest on amounts added from the date of the original reduction; if the recipient subsequently declares the credit note within the permitted period, the supplier may reclaim the reduction and receive an interest refund credited to the electronic cash ledger, capped by the interest paid by the recipient. en-us Thu, 29 Jun 2017 16:01:40 +0530 Wed, 02 Aug 2017 17:20:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=28504 Credit note details must be matched with recipient returns to confirm reductions and detect duplication; matched claims are accepted, while discrepancies or duplications are communicated and, if not rectified, added back to the supplier's output tax liability. Suppliers face interest on amounts added from the date of the original reduction; if the recipient subsequently declares the credit note within the permitted period, the supplier may reclaim the reduction and receive an interest refund credited to the electronic cash ledger, capped by the interest paid by the recipient. Act-Rules GST - States Thu, 29 Jun 2017 16:01:40 +0530 https://www.taxtmi.com/acts?id=28504