https://www.taxtmi.com/article/detailed?id=8999 The Council's proposals defer rollout of the new return framework and maintain current returns while initiating phased data linkages between GSTR 1, GSTR 3B and GSTR 2A; extend and waive certain annual return and reconciliation filing obligations for smaller taxpayers; postpone e invoicing and QR code implementation with exemptions; restrict ITC passes for new registrations pending verification and set procedures for reversal and apportionment of credit; prescribe refund sanctioning procedures; introduce a Know Your Supplier facility; and propose retrospective charging of interest on net cash tax liability, subject to notification. en-us Tue, 17 Mar 2020 10:07:43 +0530 Tue, 17 Mar 2020 10:07:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=8999 The Council's proposals defer rollout of the new return framework and maintain current returns while initiating phased data linkages between GSTR 1, GSTR 3B and GSTR 2A; extend and waive certain annual return and reconciliation filing obligations for smaller taxpayers; postpone e invoicing and QR code implementation with exemptions; restrict ITC passes for new registrations pending verification and set procedures for reversal and apportionment of credit; prescribe refund sanctioning procedures; introduce a Know Your Supplier facility; and propose retrospective charging of interest on net cash tax liability, subject to notification. Articles Goods and Services Tax - GST Tue, 17 Mar 2020 10:07:43 +0530 https://www.taxtmi.com/article/detailed?id=8999