https://www.taxtmi.com/article/detailed?id=10248 The Bill deletes several matching and reconciliation provisions and recasts credit entitlement around self-assessment, authorising electronic ledger credit on return filing while mandating reversal with interest where supplier tax remains unpaid and permitting re availment after supplier payment. It replaces the inward supply regime with an auto generated statement identifying credits that may not be availed for prescribed reasons, restricts furnishing of current returns or outward details when prior periods are incomplete, and shortens certain return timelines while allowing prescribed exceptions by notification. en-us Sat, 05 Feb 2022 15:52:48 +0530 Sat, 05 Feb 2022 15:52:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10248 The Bill deletes several matching and reconciliation provisions and recasts credit entitlement around self-assessment, authorising electronic ledger credit on return filing while mandating reversal with interest where supplier tax remains unpaid and permitting re availment after supplier payment. It replaces the inward supply regime with an auto generated statement identifying credits that may not be availed for prescribed reasons, restricts furnishing of current returns or outward details when prior periods are incomplete, and shortens certain return timelines while allowing prescribed exceptions by notification. Articles Goods and Services Tax - GST Sat, 05 Feb 2022 15:52:48 +0530 https://www.taxtmi.com/article/detailed?id=10248