Final acceptance of reduction in output tax liability and communication thereof in respect of credit note :
The final acceptance of claim of reduction in output tax liability in respect of any tax period, specified in section 43(2), shall be made available electronically to the person making such claim in form GST MIS – 3 through the Common Portal – rule 15(1) of Return Rules.
The claim of reduction in output tax liability in respect of any tax period which had been communicated as mismatched 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 – 3 through the Common Portal – rule 15(2) of Return Rules.