https://www.taxtmi.com/acts?id=28678 Matching of a recipient's inward supply details with supplier outward returns, import tax records and duplication checks governs acceptance of input tax credit; matched claims are finally accepted and communicated. Discrepancies or duplications are communicated; unresolved discrepancies are added to the recipient's output tax liability in the following month, duplications are added in the month of communication. Recipient reductions are permitted if supplier amends returns within the prescribed time; interest is payable from the date of availing credit and refundable to the extent of interest paid by the supplier via the electronic cash ledger. en-us Fri, 30 Jun 2017 15:19:00 +0530 Wed, 19 Jul 2017 12:34:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=28678 Matching of a recipient's inward supply details with supplier outward returns, import tax records and duplication checks governs acceptance of input tax credit; matched claims are finally accepted and communicated. Discrepancies or duplications are communicated; unresolved discrepancies are added to the recipient's output tax liability in the following month, duplications are added in the month of communication. Recipient reductions are permitted if supplier amends returns within the prescribed time; interest is payable from the date of availing credit and refundable to the extent of interest paid by the supplier via the electronic cash ledger. Act-Rules GST - States Fri, 30 Jun 2017 15:19:00 +0530 https://www.taxtmi.com/acts?id=28678