https://www.taxtmi.com/forum/issue?id=113673 If a recipient fails to pay the supplier within the prescribed period, the recipient must reverse the input tax credit taken on that inward supply and pay interest; upon payment to the supplier the recipient may re avail the credit, and proportionate credit is allowed for partial payments, subject to existing temporal limits on claiming ITC under return filing rules. en-us Wed, 25 Apr 2018 19:26:16 +0530 Thu, 23 Jan 2025 15:55:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=113673 If a recipient fails to pay the supplier within the prescribed period, the recipient must reverse the input tax credit taken on that inward supply and pay interest; upon payment to the supplier the recipient may re avail the credit, and proportionate credit is allowed for partial payments, subject to existing temporal limits on claiming ITC under return filing rules. Discussion-Forum GST Wed, 25 Apr 2018 19:26:16 +0530 https://www.taxtmi.com/forum/issue?id=113673