https://www.taxtmi.com/forum/issue?id=114344 Failure to report a supply and related tax creates a tax liability and interest obligation even if excess input tax credit remained unutilised; voluntary cash payment before notice can discharge dues, portal set-off debits the tax liability for accounting purposes, and taxpayers must reconcile monthly returns with the annual return within the portal's adjustment limitations. en-us Sat, 24 Nov 2018 21:37:39 +0530 Thu, 23 Jan 2025 15:55:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=114344 Failure to report a supply and related tax creates a tax liability and interest obligation even if excess input tax credit remained unutilised; voluntary cash payment before notice can discharge dues, portal set-off debits the tax liability for accounting purposes, and taxpayers must reconcile monthly returns with the annual return within the portal's adjustment limitations. Discussion-Forum GST Sat, 24 Nov 2018 21:37:39 +0530 https://www.taxtmi.com/forum/issue?id=114344