https://www.taxtmi.com/acts?id=28855 Matching of inward supply details with corresponding outward supplies, integrated tax on imports, and for duplicate claims is mandated; matching invoices are finally accepted. Discrepancies where recipient's credit exceeds supplier's declaration must be communicated to both parties. Unrectified discrepancies and duplication-related excess credits are added to the recipient's output tax liability. Recipients pay interest on such additions from the date of availing credit; if the supplier later corrects returns timely the recipient can reduce the added amount and obtain interest credit in the electronic cash ledger, limited to interest paid by the supplier. en-us Sat, 01 Jul 2017 14:15:19 +0530 Sat, 01 Jul 2017 14:15:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=28855 Matching of inward supply details with corresponding outward supplies, integrated tax on imports, and for duplicate claims is mandated; matching invoices are finally accepted. Discrepancies where recipient's credit exceeds supplier's declaration must be communicated to both parties. Unrectified discrepancies and duplication-related excess credits are added to the recipient's output tax liability. Recipients pay interest on such additions from the date of availing credit; if the supplier later corrects returns timely the recipient can reduce the added amount and obtain interest credit in the electronic cash ledger, limited to interest paid by the supplier. Act-Rules GST - States Sat, 01 Jul 2017 14:15:19 +0530 https://www.taxtmi.com/acts?id=28855