https://www.taxtmi.com/acts?id=30728 The rules create a login based Centralized Accounting Portal for monthly GST fund settlements: the Principal Chief Controller of Accounts must upload State wise summaries within three working days of GSTN data, prompting provisional sanction orders. Central and State accounting and tax authorities must reconcile discrepancies by the 20th, GSTN must issue revisions by the 25th, and, if changed, a final State wise summary is uploaded within three days to trigger final sanction. The Central Accounting Authority sends electronic Inter Government Advice to the Reserve Bank, which effects transfers and issues a Clearance Memo; accounting entries follow accordingly. en-us Sat, 29 Jul 2017 15:41:09 +0530 Fri, 08 Jun 2018 15:47:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=30728 The rules create a login based Centralized Accounting Portal for monthly GST fund settlements: the Principal Chief Controller of Accounts must upload State wise summaries within three working days of GSTN data, prompting provisional sanction orders. Central and State accounting and tax authorities must reconcile discrepancies by the 20th, GSTN must issue revisions by the 25th, and, if changed, a final State wise summary is uploaded within three days to trigger final sanction. The Central Accounting Authority sends electronic Inter Government Advice to the Reserve Bank, which effects transfers and issues a Clearance Memo; accounting entries follow accordingly. Act-Rules GST Sat, 29 Jul 2017 15:41:09 +0530 https://www.taxtmi.com/acts?id=30728