TMI BlogMatching of claim of reduction in the output tax liability (Omitted)X X X X Extracts X X X X X X X X Extracts X X X X ..... The following details relating to the claim of reduction in output tax liability shall be matched under section 43 after the due date for furnishing the return in FORM GSTR-3 , namely:- (a) Goods and Services Tax Identification Number of the supplier; (b) Goods and Services Tax Identification Number of the recipient; (c) credit note number; (d) credit note date; and (e) tax am ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... valid return. (ii) the claim of reduction in the output tax liability shall be considered as matched where the amount of output tax liability after taking into account the reduction claimed is equal to or more than the claim of input tax credit after taking into account the reduction admitted and discharged on such credit note by the corresponding recipient in his valid return. - - statute ..... X X X X Extracts X X X X X X X X Extracts X X X X
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