https://www.taxtmi.com/forum/issue?id=121007 Input tax credit may be treated as irregular where the supplier has not remitted the corresponding tax to the Government, since supplier tax payment is identified as a condition of entitlement to credit. Interest is considered payable where the resulting ineligible credit has been utilised. The discussion distinguishes unutilised credit from utilised credit, indicating that interest may not arise where sufficient credit remained continuously unutilised to cover the reversal. Continued availability and utilisation of credit made ineligible by supplier non-payment may constitute wrongly availed and utilised credit. en-us Wed, 08 Jul 2026 13:13:08 +0530 Sun, 19 Jul 2026 04:50:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=121007 Input tax credit may be treated as irregular where the supplier has not remitted the corresponding tax to the Government, since supplier tax payment is identified as a condition of entitlement to credit. Interest is considered payable where the resulting ineligible credit has been utilised. The discussion distinguishes unutilised credit from utilised credit, indicating that interest may not arise where sufficient credit remained continuously unutilised to cover the reversal. Continued availability and utilisation of credit made ineligible by supplier non-payment may constitute wrongly availed and utilised credit. Discussion-Forum GST Wed, 08 Jul 2026 13:13:08 +0530 https://www.taxtmi.com/forum/issue?id=121007