https://www.taxtmi.com/acts?id=30387 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 finally accepted and communicated. Discrepancies or undeclared credit notes are communicated; unrectified amounts are added to the supplier's output tax liability in the succeeding month, and duplication-related reductions are added back in the month of communication. Suppliers face interest on added amounts from the date of the original claim until addition; refunded interest upon later acceptance is credited to the supplier's electronic cash ledger but cannot exceed interest paid by the recipient. en-us Mon, 10 Jul 2017 14:54:17 +0530 Sat, 19 Aug 2017 15:19:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=30387 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 finally accepted and communicated. Discrepancies or undeclared credit notes are communicated; unrectified amounts are added to the supplier's output tax liability in the succeeding month, and duplication-related reductions are added back in the month of communication. Suppliers face interest on added amounts from the date of the original claim until addition; refunded interest upon later acceptance is credited to the supplier's electronic cash ledger but cannot exceed interest paid by the recipient. Act-Rules GST - States Mon, 10 Jul 2017 14:54:17 +0530 https://www.taxtmi.com/acts?id=30387