https://www.taxtmi.com/article/detailed?id=12905 Rule 10A mandates furnishing and validation of a bank account in GST registration before filing FORM GSTR 1 or using IFF; GSTN portal functionality will block filing without validated bank-account details. GSTN has also launched an RCM Liability/ITC Statement to report reverse charge liabilities and corresponding ITC for monthly and quarterly filers, with prescribed procedures for declaring and rectifying opening balances. Amendments effected by the Finance (No. 2) Act, 2024 remain uncommenced pending central notification and corresponding state-level changes. en-us Fri, 06 Sep 2024 10:23:07 +0530 Fri, 06 Sep 2024 10:23:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=12905 Rule 10A mandates furnishing and validation of a bank account in GST registration before filing FORM GSTR 1 or using IFF; GSTN portal functionality will block filing without validated bank-account details. GSTN has also launched an RCM Liability/ITC Statement to report reverse charge liabilities and corresponding ITC for monthly and quarterly filers, with prescribed procedures for declaring and rectifying opening balances. Amendments effected by the Finance (No. 2) Act, 2024 remain uncommenced pending central notification and corresponding state-level changes. Articles Goods and Services Tax - GST Fri, 06 Sep 2024 10:23:07 +0530 https://www.taxtmi.com/article/detailed?id=12905