https://www.taxtmi.com/forum/issue?id=120739 The differential-liability rule requires monthly payment into the cash ledger of a specified proportion of input tax; the question is whether an end-of-year lump-sum payment that equals the aggregate monthly amounts satisfies the monthly-payment obligation or must be regularised through the shortfall payment procedure, with consequences limited to interest and potential penalties subject to waiver on grounds of a procedural lapse and an identified challenge to the rule's vires. en-us Thu, 29 Jan 2026 19:29:49 +0530 Thu, 05 Feb 2026 20:42:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=120739 The differential-liability rule requires monthly payment into the cash ledger of a specified proportion of input tax; the question is whether an end-of-year lump-sum payment that equals the aggregate monthly amounts satisfies the monthly-payment obligation or must be regularised through the shortfall payment procedure, with consequences limited to interest and potential penalties subject to waiver on grounds of a procedural lapse and an identified challenge to the rule's vires. Discussion-Forum GST Thu, 29 Jan 2026 19:29:49 +0530 https://www.taxtmi.com/forum/issue?id=120739