Recovery of excess input tax credit by ISD can be pursued from recipients with interest through recovery proceedings. Recovery of excess or wrongly distributed input tax credit by an Input Service Distributor is effected from the recipients of the credit along with applicable interest by initiating recovery proceedings under the Act's provisions addressing determination and recovery of tax and interest.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Recovery of excess input tax credit by ISD can be pursued from recipients with interest through recovery proceedings.
Recovery of excess or wrongly distributed input tax credit by an Input Service Distributor is effected from the recipients of the credit along with applicable interest by initiating recovery proceedings under the Act's provisions addressing determination and recovery of tax and interest.
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