Final acceptance of reduction in output tax liability and communication thereof

Rule-74 of CGST Rules 2017

Final acceptance of reduction in output tax liability and communication thereof.-

• The final accep­tance of claim of reduc­tion in out­put tax lia­bil­i­ty in respect of any tax peri­od, spec­i­fied in sub-sec­tion (2) of sec­tion 43, shall be made avail­able elec­tron­i­cal­ly to the per­son mak­ing such claim in FORM GST MIS‑1 through the common
• The claim of reduc­tion in out­put tax lia­bil­i­ty in respect of any tax peri­od which had been com­mu­ni­cat­ed as mis-matched but  is  found to  be matched after rec­ti­fi­ca­tion by the

sup­pli­er or recip­i­ent shall be final­ly accept­ed and made avail­able elec­tron­i­cal­ly to the per­son mak­ing such claim in FORM GST MIS‑1 through the com­mon portal.