https://www.taxtmi.com/article/detailed?id=15729 Proposals seek correction of the Inverted Duty Structure to prevent accumulation of Input Tax Credit, including pharmaceutical rate rationalisation and amendment of Rule 89(5) to allow refunds for input services and capital goods. Procedural reforms recommend centralised audits for multi state operators, amendment to allow recipients undisputed entitlement to input tax credit with recovery from suppliers, prohibition of retrospective cancellation of registration based on absence at the principal place of business, and an exemption in Rule 138 from E way bill requirements for intra municipal or short distance movements to ease MSME compliance. en-us Wed, 14 Jan 2026 10:35:07 +0530 Wed, 14 Jan 2026 10:35:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=15729 Proposals seek correction of the Inverted Duty Structure to prevent accumulation of Input Tax Credit, including pharmaceutical rate rationalisation and amendment of Rule 89(5) to allow refunds for input services and capital goods. Procedural reforms recommend centralised audits for multi state operators, amendment to allow recipients undisputed entitlement to input tax credit with recovery from suppliers, prohibition of retrospective cancellation of registration based on absence at the principal place of business, and an exemption in Rule 138 from E way bill requirements for intra municipal or short distance movements to ease MSME compliance. Articles Goods and Services Tax - GST Wed, 14 Jan 2026 10:35:07 +0530 https://www.taxtmi.com/article/detailed?id=15729