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of <h1>Section 157: GST Law on Recoveries and Refunds Post-Assessment; No Input Tax Credit for Arrears</h1> Section 157 of the Model GST Law, 2016, addresses the treatment of amounts recovered or refunded following assessment or adjudication proceedings. If any tax, interest, fine, or penalty is deemed recoverable from a taxable person under prior law, it will be collected as a tax arrear under the GST Act, without eligibility for input tax credit. Conversely, if such amounts are refundable, they will be returned in cash according to the earlier law, except as specified in section 11B of the Central Excise Act, 1944, under the CGST Law, or in accordance with the earlier law under the SGST Law.
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