https://www.taxtmi.com/notifications?id=140200 The amendment establishes that where a recipient avails input tax credit on inward supplies (other than reverse-charge supplies) but fails to pay the supplier the value and tax within the prescribed period, the recipient must pay an amount equal to the input tax credit availed together with interest in FORM GSTR-3B for the period immediately following the lapse of that timeframe; if the recipient later pays the supplier, the credit may be re availed. en-us Thu, 22 Dec 2022 00:00:00 +0530 Thu, 25 May 2023 17:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=140200 The amendment establishes that where a recipient avails input tax credit on inward supplies (other than reverse-charge supplies) but fails to pay the supplier the value and tax within the prescribed period, the recipient must pay an amount equal to the input tax credit availed together with interest in FORM GSTR-3B for the period immediately following the lapse of that timeframe; if the recipient later pays the supplier, the credit may be re availed. Notifications GST - States Thu, 22 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/notifications?id=140200