Rule 75 of CGST Rules -Communication and rectification of discrepancy in reduction in output taxliability and reversal of claim of reduction

(updated as on 15.11.2017)

(1) Any discrepancy in claim of reductionin output tax liability, specified in sub-section (3) of section 43, and the details of output taxliability to be added under sub-section (5) of the said section on account of continuation ofsuch 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 matchinghas been carried out.
(2) A supplier to whom any discrepancy is made available under sub-rule (1) may makesuitable rectifications in the statement of outward supplies to be furnished for the month inwhich the discrepancy is made available.
(3) A recipient to whom any discrepancy is made available under sub-rule (1) may makesuitable rectifications in the statement of inward supplies to be furnished for the month inwhich the discrepancy is made available.
(4) Where the discrepancy is not rectified under sub-rule (2) or sub-rule (3), an amountto the extent of discrepancy shall be added to the output tax liability of the supplier anddebited to the electronic liability register and also shown in his return in FORM GSTR-3for the month succeeding the month in which the discrepancy is made available.
Explanation.– For the purposes of this rule, it is hereby declared that

(i) rectification by a supplier means deleting or correcting the details of an outwardsupply in his valid return so as to match the details of corresponding inward supplydeclared by the recipient;

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

CHAPTER VIII

RETURNS

Chapter VIIIof CGST Rules, 2017 consists of twenty six rules relating to RETURNRULES under the GST regime. All this rules are available for your ready reference.
Rule 59 :Form and manner of furnishing details of outward supplies
Rule 60 :Form and manner of furnishing details of inward supplies
Rule 61 :Form and manner of submission of monthly return
Rule 62 :Form and manner of submission of quarterly return by the compositionsupplier
Rule 63 :Form and manner of submission of return by non-resident taxable person
Rule 64 :Form and manner of submission of return by persons providing onlineinformation and database access or retrieval services
Rule 65 :Form and manner of submission of return by an Input Service Distributor
Rule 66 :Form and manner of submission of return by a person required to deduct tax at source
Rule 67 : Form and manner of submission of statement of supplies through an e commerceoperator
Rule 68 :Notice to non-filers of returns
Rule 69 :Matching of claim of input tax credit
Rule 70 :Final acceptance of input tax credit and communication thereof
Rule 71 :Communication and rectification of discrepancy in claim of input tax credit andreversal of claim of input tax credit
Rule 72 :Claim of input tax credit on the same invoice more than once
Rule 73 :Matching of claim of reduction in the output tax liability
Rule 74 :Final acceptance of reduction in output tax liability and communication thereof
Rule 75 :Communication and rectification of discrepancy in reduction in output taxliability and reversal of claim of reduction
Rule 76 :Claim of reduction in output tax liability more than once
Rule 77 :Refund of interest paid on reclaim of reversals
Rule 78 :Matching of details furnished by the e-Commerce operator with the detailsfurnished by the supplier
Rule 79 :Communication and rectification of discrepancy in details furnished by the e commerce operator and the supplier
Rule 80 :Annual Return
Rule 81 :Final return
Rule 82 :Details of inward supplies of persons having Unique Identity Number
Rule 83 :Provisions relating to a goods and services tax practitioner
Rule 84 :Conditions for purposes of appearance

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Click here to download the CGST Rules as updated on 15th November, 2017