https://www.taxtmi.com/article/detailed?id=9601 Rule 36(4) capping input tax credit where suppliers fail to upload outward invoices imposes an extra-statutory condition beyond the Act's eligibility criteria, tying a recipient's entitlement to another taxpayer's actions. Because upload and tax payment are distinct and the recipient cannot verify supplier compliance, such a restriction is impossible to perform by the recipient, contradicts legislative intent to pursue suppliers first, risks unequal and arbitrary treatment, and is therefore argued to be legally invalid; recipients who otherwise meet statutory prerequisites should retain ITC. en-us Mon, 28 Dec 2020 09:51:43 +0530 Mon, 28 Dec 2020 09:58:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9601 Rule 36(4) capping input tax credit where suppliers fail to upload outward invoices imposes an extra-statutory condition beyond the Act's eligibility criteria, tying a recipient's entitlement to another taxpayer's actions. Because upload and tax payment are distinct and the recipient cannot verify supplier compliance, such a restriction is impossible to perform by the recipient, contradicts legislative intent to pursue suppliers first, risks unequal and arbitrary treatment, and is therefore argued to be legally invalid; recipients who otherwise meet statutory prerequisites should retain ITC. Articles Goods and Services Tax - GST Mon, 28 Dec 2020 09:51:43 +0530 https://www.taxtmi.com/article/detailed?id=9601