https://www.taxtmi.com/forum/issue?id=116515 Availability of Input Tax Credit requires possession of prescribed tax documents, receipt of goods or services, furnishing of returns, and that the tax charged on the supply has been actually paid to the Government. If the supplier has not filed the required summary return and has not discharged the tax, the requirement of actual payment is unmet; consequently the recipient cannot lawfully claim or utilize that credit and may face joint and several liability, interest, and penalties. en-us Wed, 01 Jul 2020 16:17:46 +0530 Thu, 23 Jan 2025 15:54:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=116515 Availability of Input Tax Credit requires possession of prescribed tax documents, receipt of goods or services, furnishing of returns, and that the tax charged on the supply has been actually paid to the Government. If the supplier has not filed the required summary return and has not discharged the tax, the requirement of actual payment is unmet; consequently the recipient cannot lawfully claim or utilize that credit and may face joint and several liability, interest, and penalties. Discussion-Forum GST Wed, 01 Jul 2020 16:17:46 +0530 https://www.taxtmi.com/forum/issue?id=116515