https://www.taxtmi.com/article/detailed?id=16163 The second proviso to Section 16(2) links retention of input tax credit to payment to the supplier within 180 days from the date of invoice. If payment is not made within that period, the recipient must reverse the credit to the extent of the unpaid amount and pay interest under Section 50, with proportionate reversal applying to partial payments. Rule 37 provides the procedural mechanism, while re-availment is permitted once payment is made and is not constrained by Section 16(4). en-us Wed, 08 Apr 2026 08:59:15 +0530 Wed, 08 Apr 2026 08:59:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=16163 The second proviso to Section 16(2) links retention of input tax credit to payment to the supplier within 180 days from the date of invoice. If payment is not made within that period, the recipient must reverse the credit to the extent of the unpaid amount and pay interest under Section 50, with proportionate reversal applying to partial payments. Rule 37 provides the procedural mechanism, while re-availment is permitted once payment is made and is not constrained by Section 16(4). Articles Goods and Services Tax - GST Wed, 08 Apr 2026 08:59:15 +0530 https://www.taxtmi.com/article/detailed?id=16163