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of <h1>Section 158 GST Law: Revised Returns Impact Tax Arrears and Refunds; No Input Tax Credit for Arrears.</h1> Section 158 of the Model GST Law, 2016, addresses the treatment of amounts recovered or refunded following the revision of tax returns. If a revised return indicates an amount recoverable from a taxable person, it will be treated as a tax arrear and not eligible for input tax credit under both the CGST and SGST laws. Conversely, if a revised return indicates a refundable amount, it will be refunded in cash under the earlier law, with specific provisions applying under the CGST Law and adherence to the earlier law under the SGST Law.
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