Recovery of wrongly distributed input tax credit: action may be initiated against the ISD or recipient under GST law. Provisions permit recovery of excess or wrongly distributed input tax credit by initiating recovery proceedings against the Input Service Distributor that ... Summary
Recovery of wrongly distributed input tax credit: action may be initiated against the ISD or recipient under GST law.
Provisions permit recovery of excess or wrongly distributed input tax credit by initiating recovery proceedings against the Input Service Distributor that distributed the credit or against the recipient of such credit under the Model GST recovery mechanism.
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