https://www.taxtmi.com/article/detailed?id=8094 The draft establishes continuous invoice uploading with invoices filed by the 10th auto-populating supplier liability and being posted to the recipient's ITC table by the 11th; recipients may accept, reject or pend invoices thereafter, with eligible ITC limited to invoices uploaded by the deadline. Invoices uploaded but without a filed return are self-admitted supplier liability subject to recovery. Small taxpayers may opt for quarterly returns with monthly tax payments and self-declared ITC; amendment returns and missing-invoice procedures address late or corrected reporting. en-us Fri, 03 Aug 2018 07:32:02 +0530 Fri, 03 Aug 2018 07:32:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=8094 The draft establishes continuous invoice uploading with invoices filed by the 10th auto-populating supplier liability and being posted to the recipient's ITC table by the 11th; recipients may accept, reject or pend invoices thereafter, with eligible ITC limited to invoices uploaded by the deadline. Invoices uploaded but without a filed return are self-admitted supplier liability subject to recovery. Small taxpayers may opt for quarterly returns with monthly tax payments and self-declared ITC; amendment returns and missing-invoice procedures address late or corrected reporting. Articles Goods and Services Tax - GST Fri, 03 Aug 2018 07:32:02 +0530 https://www.taxtmi.com/article/detailed?id=8094