Reverse of ITC TAKEN ON SUPPLIER INVOICE WHO HAVE NOT FILE GST 3B NOR PAID GST AMOUNT REG.

Reverse of ITC TAKEN ON SUPPLIER INVOICE WHO HAVE NOT FILE GST 3B NOR PAID GST AMOUNT REG. https://www.taxtmi.com/forum/issue?id=118572 Whether a recipient must reverse input tax credit because the supplier failed to file returns or pay tax is contested; courts have pending constitutional challenges and some interim stays. The document advises objecting to demands, tracing supplier status, and pursuing writ or appellate remedies when exposure is substantial, noting decisions are highly fact specific and relief often requires High Court intervention. en-us Wed, 07 Jun 2023 11:47:07 +0530 Thu, 23 Jan 2025 15:54:10 +0530 TaxTMI RSS Generator Reverse of ITC TAKEN ON SUPPLIER INVOICE WHO HAVE NOT FILE GST 3B NOR PAID GST AMOUNT REG. https://www.taxtmi.com/forum/issue?id=118572 Whether a recipient must reverse input tax credit because the supplier failed to file returns or pay tax is contested; courts have pending constitutional challenges and some interim stays. The document advises objecting to demands, tracing supplier status, and pursuing writ or appellate remedies when exposure is substantial, noting decisions are highly fact specific and relief often requires High Court intervention. Discussion-Forum GST Wed, 07 Jun 2023 11:47:07 +0530 https://www.taxtmi.com/forum/issue?id=118572