https://www.taxtmi.com/news?id=21839 The report finds that while GST achieved structural tax unification and a single IT interface, the critical invoice matching and system verified Input Tax Credit mechanisms did not operate; GSTN portal modules were partially implemented and misaligned with statutory requirements and SRS, causing registration, payment reconciliation and IGST settlement errors, acceptance of improper ITC claims, and unresolved IGST balances; weak change management, testing and business continuity further aggravated operational risk and impeded centralised verification of transitional credits. en-us Thu, 01 Aug 2019 18:47:03 +0530 Wed, 11 Feb 2026 15:58:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21839 The report finds that while GST achieved structural tax unification and a single IT interface, the critical invoice matching and system verified Input Tax Credit mechanisms did not operate; GSTN portal modules were partially implemented and misaligned with statutory requirements and SRS, causing registration, payment reconciliation and IGST settlement errors, acceptance of improper ITC claims, and unresolved IGST balances; weak change management, testing and business continuity further aggravated operational risk and impeded centralised verification of transitional credits. News - Thu, 01 Aug 2019 18:47:03 +0530 https://www.taxtmi.com/news?id=21839