https://www.taxtmi.com/notifications?id=134847 The amendment mandates biometric Aadhaar authentication or alternative biometric/KYC verification at Facilitation Centres for registration; extends processing timeframes and provides deemed approval where officers fail to act; adds a data-driven suspension route based on discrepancies among returns and GSTR-1/inward-supply data with suspension notice in FORM GST REG-31 and suspension-linked refund bar; restricts use of electronic credit ledger to not exceed ninety-nine per cent of output tax in high-value cases subject to exemptions; replaces "uploaded" with "furnished", reduces specified ITC reversal rate from 10% to 5%, recognises invoice furnishing facility and links GSTR-1 filing eligibility to GSTR-3B compliance. en-us Tue, 22 Dec 2020 00:00:00 +0530 Thu, 31 Dec 2020 12:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=134847 The amendment mandates biometric Aadhaar authentication or alternative biometric/KYC verification at Facilitation Centres for registration; extends processing timeframes and provides deemed approval where officers fail to act; adds a data-driven suspension route based on discrepancies among returns and GSTR-1/inward-supply data with suspension notice in FORM GST REG-31 and suspension-linked refund bar; restricts use of electronic credit ledger to not exceed ninety-nine per cent of output tax in high-value cases subject to exemptions; replaces "uploaded" with "furnished", reduces specified ITC reversal rate from 10% to 5%, recognises invoice furnishing facility and links GSTR-1 filing eligibility to GSTR-3B compliance. Notifications GST Tue, 22 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/notifications?id=134847