Rectification of discrepancy in reduction in output tax liability and reversal of claim of reduction

Rule-75 of CGST Rules 2017

Com­mu­ni­ca­tion and rec­ti­fi­ca­tion of dis­crep­an­cy in reduc­tion in out­put tax lia­bil­i­ty and rever­sal of claim of reduction.- 

(1) Any dis­crep­an­cy in claim of reduc­tion in out­put tax lia­bil­i­ty, spec­i­fied in sub-sec­tion (3) of sec­tion 43, and the details of out­put tax lia­bil­i­ty to be added under sub-sec­tion (5) of the said sec­tion on account of con­tin­u­a­tion of such dis­crep­an­cy, shall be made avail­able to the reg­is­tered per­son mak­ing such claim elec­tron­i­cal­ly in FORM GST MIS- 1 and the recip­i­ent elec­tron­i­cal­ly in FORM GST MIS- 2 through the com­mon por­tal on or before the last date of the month in which the match­ing has been carried

• A sup­pli­er to whom any dis­crep­an­cy is made avail­able under sub-rule (1) may make suit­able rec­ti­fi­ca­tions in the state­ment of out­ward sup­plies to be fur­nished for the month in which the dis­crep­an­cy is made
• A recip­i­ent to whom any dis­crep­an­cy is made avail­able under sub-rule (1) may make suit­able rec­ti­fi­ca­tions in the state­ment of inward sup­plies to be fur­nished for the month in which the dis­crep­an­cy is made
• Where the dis­crep­an­cy is not rec­ti­fied under sub-rule (2) or sub-rule (3), an amount to the extent of dis­crep­an­cy shall be added to the out­put tax lia­bil­i­ty of the sup­pli­er and deb­it­ed to the elec­tron­ic lia­bil­i­ty reg­is­ter and also shown in his return in FORM GSTR‑3 for the month suc­ceed­ing the month in which the dis­crep­an­cy is made

Expla­na­tion.-  For the pur­pos­es of this rule, it is here­by declared that –

• rec­ti­fi­ca­tion by a sup­pli­er means delet­ing or cor­rect­ing the details of an out­ward sup­ply in his valid return so as to match the details of cor­re­spond­ing inward sup­ply declared by the recipient;

rec­ti­fi­ca­tion by the recip­i­ent means adding or cor­rect­ing the details of an inward sup­ply so as to match the details of cor­re­spond­ing out­ward sup­ply declared by the supplier.