Reversal of ITC in case where Supplier has not remitted the tax

Affluence Advisory , Last updated: 24 August 2023  
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Issue in brief ITC reversal in the hands of recipient of goods or services in case of default made by supplier by not depositing the tax collected with the Government. Relevant provisions Section 16 of Central Goods and Services Tax Act, 2017 (herein after referred to as CGST Act) l

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Affluence Advisory
(corporates )
Category GST   Report

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