https://www.taxtmi.com/notifications?id=136505 The amendment reduces the percentage in rule 36(4) from twenty to ten per cent effective 1 January 2020; mandates specified persons to issue invoices by uploading particulars in FORM GST INV-01 and obtaining an Invoice Reference Number on the Common GST Electronic Portal, otherwise such documents will not be treated as invoices; inserts rule 86A authorising the Commissioner or an authorised officer to disallow debits from the electronic credit ledger where input tax credit appears fraudulently availed or ineligible, with restrictions removable upon satisfaction and ceasing after one year; and adds non furnishing of outward supplies for two months or quarters to rule 138E. en-us Mon, 22 Jun 2020 00:00:00 +0530 Tue, 07 Sep 2021 17:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=136505 The amendment reduces the percentage in rule 36(4) from twenty to ten per cent effective 1 January 2020; mandates specified persons to issue invoices by uploading particulars in FORM GST INV-01 and obtaining an Invoice Reference Number on the Common GST Electronic Portal, otherwise such documents will not be treated as invoices; inserts rule 86A authorising the Commissioner or an authorised officer to disallow debits from the electronic credit ledger where input tax credit appears fraudulently availed or ineligible, with restrictions removable upon satisfaction and ceasing after one year; and adds non furnishing of outward supplies for two months or quarters to rule 138E. Notifications GST - States Mon, 22 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/notifications?id=136505