https://www.taxtmi.com/article/detailed?id=11817 Denial of Input Tax Credit arises where the supplier collects GST but fails to remit it to the Government; ITC availability requires concurrent satisfaction of tax invoice, receipt of goods or services, and payment of the tax charged to the Government. Documentary proof of payment to the supplier does not substitute for supplier's deposit of tax. If tax is later recovered from the supplier, the purchaser can seek refund, but immediate ITC cannot be sustained when supplier has not deposited the tax. en-us Tue, 05 Sep 2023 12:14:36 +0530 Tue, 05 Sep 2023 12:14:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=11817 Denial of Input Tax Credit arises where the supplier collects GST but fails to remit it to the Government; ITC availability requires concurrent satisfaction of tax invoice, receipt of goods or services, and payment of the tax charged to the Government. Documentary proof of payment to the supplier does not substitute for supplier's deposit of tax. If tax is later recovered from the supplier, the purchaser can seek refund, but immediate ITC cannot be sustained when supplier has not deposited the tax. Articles Goods and Services Tax - GST Tue, 05 Sep 2023 12:14:36 +0530 https://www.taxtmi.com/article/detailed?id=11817