https://www.taxtmi.com/forum/issue?id=119605 Recipient liability to reverse claimed Input Tax Credit arises where supplier has not paid the tax and has not declared supplies in returns, creating an ITC mismatch; the recipient bears the burden of proving entitlement, must reverse ITC and pay interest for wrong availment, faces possible penalty under penal provisions, and may re avail the credit if the supplier later pays and rectifies returns; an amnesty scheme and blocked ITC rules for immovable property supplies were noted as related considerations. en-us Fri, 14 Feb 2025 21:14:57 +0530 Tue, 11 Mar 2025 20:22:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=119605 Recipient liability to reverse claimed Input Tax Credit arises where supplier has not paid the tax and has not declared supplies in returns, creating an ITC mismatch; the recipient bears the burden of proving entitlement, must reverse ITC and pay interest for wrong availment, faces possible penalty under penal provisions, and may re avail the credit if the supplier later pays and rectifies returns; an amnesty scheme and blocked ITC rules for immovable property supplies were noted as related considerations. Discussion-Forum GST Fri, 14 Feb 2025 21:14:57 +0530 https://www.taxtmi.com/forum/issue?id=119605