Rectification of GSTR 1 denied for error by the supplier in mentioning the details of the recipient in GSTR 1 on account of the limitation period prescribed in section 39(9)

Rectification of GSTR 1 denied for error by the supplier in mentioning the details of the recipient in GSTR 1 on account of the limitation period prescribed in section 39(9) https://www.taxtmi.com/article/detailed?id=10800 Rectification of GSTR 1 entries is limited by a statutory time bar intended to protect the integrity of electronic tax records and the input tax credit position of third parties; allowing corrections beyond that period would retroactively alter other taxpayers' GSTR 2A reconciliations and produce cascading effects, so post period rectifications that disturb settled electronic entries are barred to preserve administrative certainty. en-us Thu, 10 Nov 2022 11:37:17 +0530 Thu, 10 Nov 2022 11:37:17 +0530 TaxTMI RSS Generator Rectification of GSTR 1 denied for error by the supplier in mentioning the details of the recipient in GSTR 1 on account of the limitation period prescribed in section 39(9) https://www.taxtmi.com/article/detailed?id=10800 Rectification of GSTR 1 entries is limited by a statutory time bar intended to protect the integrity of electronic tax records and the input tax credit position of third parties; allowing corrections beyond that period would retroactively alter other taxpayers' GSTR 2A reconciliations and produce cascading effects, so post period rectifications that disturb settled electronic entries are barred to preserve administrative certainty. Articles Goods and Services Tax - GST Thu, 10 Nov 2022 11:37:17 +0530 https://www.taxtmi.com/article/detailed?id=10800