Tag Archives: wrongly availed credit under GST

GST- What is recovery mechanism for wrongly availed credit ?

By | March 15, 2017

Query: What is the recovery mechanism for wrongly availed credit?  Answer: If credit ia availed wrongly then it would be recovered from the registerd taxable persons in terms of section 66  to 78 of Revised Model GST Law CHAPTER – XVII DEMANDS AND RECOVERY   Determination of tax not paid or short paid or erroneously refunded or input… Read More »