https://www.taxtmi.com/article/detailed?id=9613 Regulatory amendments tighten controls on input tax credit and registration: Rule changes authorize GSTIN cancellation for excess ITC, reduce the ITC reconciliation margin under Rule 36(4), remove pre-cancellation hearing in specified registration cancellations, and restrict refunds during GSTIN suspension. Rule 86B limits use of electronic credit ledger balances for specified taxpayers with exceptions; filing of GSTR-1 or invoice furnishing is barred unless GSTR-3B is filed for preceding periods. E-invoice auto-population into GSTR-1 and related ledgers is enabled with validations and T+3 visibility, and annual return deadlines have been extended. en-us Tue, 05 Jan 2021 10:04:08 +0530 Tue, 05 Jan 2021 10:04:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9613 Regulatory amendments tighten controls on input tax credit and registration: Rule changes authorize GSTIN cancellation for excess ITC, reduce the ITC reconciliation margin under Rule 36(4), remove pre-cancellation hearing in specified registration cancellations, and restrict refunds during GSTIN suspension. Rule 86B limits use of electronic credit ledger balances for specified taxpayers with exceptions; filing of GSTR-1 or invoice furnishing is barred unless GSTR-3B is filed for preceding periods. E-invoice auto-population into GSTR-1 and related ledgers is enabled with validations and T+3 visibility, and annual return deadlines have been extended. Articles Goods and Services Tax - GST Tue, 05 Jan 2021 10:04:08 +0530 https://www.taxtmi.com/article/detailed?id=9613