https://www.taxtmi.com/forum/issue?id=119543 Rule 37(1) requires that where a registered person availed input tax credit but fails to pay the supplier within the specified period, the person must pay or reverse an amount equal to the ITC availed and discharge interest under Section 50 while furnishing FORM GSTR-3B for the tax period immediately following one hundred and eighty days from the date of issue of the invoice. A question persists whether interest runs from the invoice date or from the date ITC was availed. en-us Thu, 23 Jan 2025 19:20:40 +0530 Tue, 11 Mar 2025 20:03:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=119543 Rule 37(1) requires that where a registered person availed input tax credit but fails to pay the supplier within the specified period, the person must pay or reverse an amount equal to the ITC availed and discharge interest under Section 50 while furnishing FORM GSTR-3B for the tax period immediately following one hundred and eighty days from the date of issue of the invoice. A question persists whether interest runs from the invoice date or from the date ITC was availed. Discussion-Forum GST Thu, 23 Jan 2025 19:20:40 +0530 https://www.taxtmi.com/forum/issue?id=119543