https://www.taxtmi.com/article/detailed?id=9610 Amendments effective 1 January 2021 require registration of tax invoices, credit notes and debit notes on the Invoice Registration Portal with IRN and QR code; introduce a Quarterly Return Monthly Payment Scheme combining quarterly filing with monthly tax payment and an invoice furnishing facility; reduce the reconciliation allowance for input tax credit where supplier invoices are not furnished; restrict use of electronic credit ledger balances for payment of output tax in specified cases; and extend the distance basis for e-way bill validity, subject to stated exceptions. en-us Fri, 01 Jan 2021 10:17:08 +0530 Fri, 01 Jan 2021 10:17:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9610 Amendments effective 1 January 2021 require registration of tax invoices, credit notes and debit notes on the Invoice Registration Portal with IRN and QR code; introduce a Quarterly Return Monthly Payment Scheme combining quarterly filing with monthly tax payment and an invoice furnishing facility; reduce the reconciliation allowance for input tax credit where supplier invoices are not furnished; restrict use of electronic credit ledger balances for payment of output tax in specified cases; and extend the distance basis for e-way bill validity, subject to stated exceptions. Articles Goods and Services Tax - GST Fri, 01 Jan 2021 10:17:08 +0530 https://www.taxtmi.com/article/detailed?id=9610