Section 29 of the MGL provides that the ITC would be confirmed only if the inward details filed by the recipient are matched with the outward details furnished by the supplier in his valid return. What happens if there is a mismatch?

Question 30 – Draft-Bills-Reports – Input Tax Credit – FAQ on GST dated 21.9.2016 based on Draft Model GST – Question 30 – Q 30. Section 29 of the MGL provides that the ITC would be confirmed only if the inward details filed by the recipient are matched with the outward details furnished by the supplier in his valid return. What happens if there is a mismatch? Ans. In case of mismatch between the inward and outward details, the supplier would be required to rectify the mis-match within a period

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =