Tag Archives: GST issue in ITC in revised Model GST Law

GST #issue7- Recipient has to ensure that Supplier pays tax to claim ITC

By | January 8, 2017

GST Issue :- Recipient has to keep track that Supplier pays tax to claim ITC (Input Tax Credit ) On an analysis of Section 37 read with Section 16 of the Revised Model GST Law, relating to matching, reversal and reclaim of input tax credit the following facts emerge: a. Every inward supply of a… Read More »