https://www.taxtmi.com/notifications?id=140542 The amendment establishes automated compliance and recovery procedures: registration may be suspended after electronic analysis showing significant discrepancies or non compliance with bank account reporting, with a thirty day electronic opportunity to explain and conditional revocation on compliance; taxpayers whose input tax credit in FORM GSTR 3B exceeds the auto generated statement will receive electronic intimation and must either pay the excess with interest or explain the difference within a short period, failing which demand proceedings may follow under the Act; new e-way bill requirements mandate pre movement electronic reporting for certain high value intra State consignments and make furnished information available to suppliers for return reporting. en-us Fri, 04 Aug 2023 00:00:00 +0530 Sat, 05 Aug 2023 11:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=140542 The amendment establishes automated compliance and recovery procedures: registration may be suspended after electronic analysis showing significant discrepancies or non compliance with bank account reporting, with a thirty day electronic opportunity to explain and conditional revocation on compliance; taxpayers whose input tax credit in FORM GSTR 3B exceeds the auto generated statement will receive electronic intimation and must either pay the excess with interest or explain the difference within a short period, failing which demand proceedings may follow under the Act; new e-way bill requirements mandate pre movement electronic reporting for certain high value intra State consignments and make furnished information available to suppliers for return reporting. Notifications GST Fri, 04 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/notifications?id=140542