Input Tax Credit restoration possible where supplier later uploads invoice, restoring denied credit and refunding interest. If the supplier uploads the invoice at any time after the reversal but by September of the next financial year, the credit reversed earlier gets restored ... Summary
Input Tax Credit restoration possible where supplier later uploads invoice, restoring denied credit and refunding interest.
If the supplier uploads the invoice at any time after the reversal but by September of the next financial year, the credit reversed earlier gets restored along with refund of the interest paid during reversal.
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