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GST - Highlights / Catch Notes

Home Highlights March 2023 Year 2023 This

Input Tax Credit - purchases made from the seller who had ...


Purchasers lose Input Tax Credit if any seller in the supply chain fails to meet tax obligations under the Act.

March 11, 2023

Case Laws     GST     AAR

Input Tax Credit - purchases made from the seller who had discharged its tax liability but the preceding seller has not discharged its liability under the Act - If the seller or preceding sellers have not deposited the tax either in cash or through utilization of input tax credit admissible in respect of the said supply, purchaser is not eligible to claim ITC on such supply. - AAR

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