https://www.taxtmi.com/acts?id=24178 Where a registered person fails to pay the supplier the value of an inward supply with tax within the prescribed period, the person must report the unpaid value and proportionate input tax credit in FORM GSTR-2 for the month following expiry of the specified period; that credit is added to output tax liability in the month of reporting and attracts interest from the date the credit was availed until payment. Supplies without consideration in Schedule I are deemed paid, and previously reversed credit may be reavailed only under the Act and rules without the ordinary time limit applying. en-us Mon, 03 Apr 2017 13:05:08 +0530 Fri, 19 May 2017 14:23:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=24178 Where a registered person fails to pay the supplier the value of an inward supply with tax within the prescribed period, the person must report the unpaid value and proportionate input tax credit in FORM GSTR-2 for the month following expiry of the specified period; that credit is added to output tax liability in the month of reporting and attracts interest from the date the credit was availed until payment. Supplies without consideration in Schedule I are deemed paid, and previously reversed credit may be reavailed only under the Act and rules without the ordinary time limit applying. Act-Rules Bills Mon, 03 Apr 2017 13:05:08 +0530 https://www.taxtmi.com/acts?id=24178