https://www.taxtmi.com/article/detailed?id=9899 Entitlement to input tax credit is conditioned on the tax charged for a supply having been actually paid to the government; delegated matching rules were challenged as inconsistent with the primary statutory criteria, and a legislative amendment now seeks to make supplier reporting and communication to recipients a formal prerequisite for credit. Courts have emphasized that authorities should first examine suppliers and initiate recovery before denying recipient credit, and may apply the doctrine of reading down to protect bona fide purchasers where a narrower construction is available. en-us Wed, 14 Jul 2021 06:21:56 +0530 Wed, 14 Jul 2021 06:21:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9899 Entitlement to input tax credit is conditioned on the tax charged for a supply having been actually paid to the government; delegated matching rules were challenged as inconsistent with the primary statutory criteria, and a legislative amendment now seeks to make supplier reporting and communication to recipients a formal prerequisite for credit. Courts have emphasized that authorities should first examine suppliers and initiate recovery before denying recipient credit, and may apply the doctrine of reading down to protect bona fide purchasers where a narrower construction is available. Articles Goods and Services Tax - GST Wed, 14 Jul 2021 06:21:56 +0530 https://www.taxtmi.com/article/detailed?id=9899