https://www.taxtmi.com/forum/issue?id=120905 Interest exposure under the GST input tax credit framework arises from early availment of ITC and the supplier's delayed reporting and tax payment. The discussion questions whether a recipient who avails ITC on a genuine invoice before the supplier files GSTR-1 and GSTR-3B can be made liable to interest under Section 50(3) where the delay is wholly attributable to the supplier and there is no fraud, suppression, or collusion by the recipient. One view says interest should not ordinarily fall on the recipient; another treats the credit as excess until the statutory conditions were later satisfied. en-us Thu, 07 May 2026 00:18:09 +0530 Wed, 20 May 2026 06:02:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=120905 Interest exposure under the GST input tax credit framework arises from early availment of ITC and the supplier's delayed reporting and tax payment. The discussion questions whether a recipient who avails ITC on a genuine invoice before the supplier files GSTR-1 and GSTR-3B can be made liable to interest under Section 50(3) where the delay is wholly attributable to the supplier and there is no fraud, suppression, or collusion by the recipient. One view says interest should not ordinarily fall on the recipient; another treats the credit as excess until the statutory conditions were later satisfied. Discussion-Forum GST Thu, 07 May 2026 00:18:09 +0530 https://www.taxtmi.com/forum/issue?id=120905