https://www.taxtmi.com/article/detailed?id=11783 ITC can be denied when a supplier collects tax from a purchaser but does not remit it to the Government; ITC is a concession dependent on statutory conditions, not an absolute right. The purchaser must prove the supplier's payment of the collected tax, and mere production of tax invoices is insufficient. If the supplier fails to remit, denial of ITC is permissible and the purchaser's remedy lies in recovery proceedings against the supplier. en-us Sat, 26 Aug 2023 08:25:12 +0530 Sat, 26 Aug 2023 08:25:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=11783 ITC can be denied when a supplier collects tax from a purchaser but does not remit it to the Government; ITC is a concession dependent on statutory conditions, not an absolute right. The purchaser must prove the supplier's payment of the collected tax, and mere production of tax invoices is insufficient. If the supplier fails to remit, denial of ITC is permissible and the purchaser's remedy lies in recovery proceedings against the supplier. Articles Goods and Services Tax - GST Sat, 26 Aug 2023 08:25:12 +0530 https://www.taxtmi.com/article/detailed?id=11783