¹[Final acceptance of reduction in output tax liability and communication thereof.-

74. (1) 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 portal.

(2) 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.]

Notes:

1. Omitted by the Central Goods and Services Tax (Second Amendment) Rules, 2022 Notification No. 19/2022–Central Tax dated 28.09.2022 w.e.f  01.10.2022.