https://www.taxtmi.com/forum/issue?id=118532 Rule 43(1)(h) requires that the amount of input tax credit to be reversed, together with applicable interest, be added to the output tax liability of the person claiming the credit during every tax period of the capital good's useful life; timely reversals made in the prescribed tax period may obviate additional interest liability beyond that specified. en-us Tue, 16 May 2023 22:57:17 +0530 Thu, 23 Jan 2025 15:54:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=118532 Rule 43(1)(h) requires that the amount of input tax credit to be reversed, together with applicable interest, be added to the output tax liability of the person claiming the credit during every tax period of the capital good's useful life; timely reversals made in the prescribed tax period may obviate additional interest liability beyond that specified. Discussion-Forum GST Tue, 16 May 2023 22:57:17 +0530 https://www.taxtmi.com/forum/issue?id=118532