No need to Reverse Input Tax Credit for non payment if recipient Supplied Material to Supplier
No need to Reverse Input Tax Credit for non payment if recipient Supplied Material to Supplier Summary Section 16 of CGST Act 2017 deals with Eligibility and condition for taking input tax credit. …… second proviso to sub-section (2) of section 16 says :- Provided further that where a recipient fails to pay to the supplier of… Read More »