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<h1>Input tax credit recovery requires repayment and interest when credits were wrongly availed under the Act.</h1> Recovery of wrongly availed input tax credit must be effected from the registered taxable person in accordance with the Act's provisions, and interest is chargeable on such recovery. The taxpayer who has taken credit wrongly is obliged to return the improperly claimed credit and pay interest as prescribed by the Act's recovery framework.
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