https://www.taxtmi.com/forum/issue?id=114655 Suppliers must collect and remit GST charged on supplies and are liable to deposit that tax by the statutory due date; if a recipient fails to pay the invoice value and tax within the prescribed period, the recipient must add the input tax credit claimed to its output tax liability and pay that amount with interest, and may re avail the credit upon actual payment. en-us Wed, 20 Feb 2019 12:02:43 +0530 Thu, 23 Jan 2025 15:55:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=114655 Suppliers must collect and remit GST charged on supplies and are liable to deposit that tax by the statutory due date; if a recipient fails to pay the invoice value and tax within the prescribed period, the recipient must add the input tax credit claimed to its output tax liability and pay that amount with interest, and may re avail the credit upon actual payment. Discussion-Forum GST Wed, 20 Feb 2019 12:02:43 +0530 https://www.taxtmi.com/forum/issue?id=114655