Is Blocking of ITC on Non-Filing of GSTR-3B by Supplier Correct??

Reversal of ITC on Creditors Written off

Section 16 of the CGST Act deals with the provisions related to availing of Input tax credit under GST. As per second proviso to Sec 16(2) read with rule 37- If a recipient fails to pay to the supplier within 180 days, the Input tax credit availed on such supply needs to be reversed. Provisions …

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