Section 43
Matching, reversal and reclaim of reduction in output tax liability
In force
Section 43. Matching, reversal and reclaim of reduction in output tax liability.
(1) The details of every credit note relating to outward supply furnished by a supplier shall be matched with the corresponding reduction in the claim for input tax credit by the corresponding recipient in his valid return for the same tax period or any preceding tax period.
Sources & verification
- • Statutory text: View source
- • CBIC reference: cbic-gst.gov.in/sec-43.html
- Source confidence: Pending verification
Quick facts
- Section
- 43
- Chapter
- IX
- Amendments
- 0
- Notifications
- 0
- Circulars
- 0
- Case laws
- 0
- Linked rules
- 5