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Home Acts & Rules GST Draft-Bills-Reports FAQ on GST dated 21.9.2016 based on Draft Model GST Chapters List Chapter 10 Input Tax Credit This

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Question 32 - What is the recovery mechanism for wrongly availed credit? - FAQ on GST dated 21.9.2016 based on Draft Model GST

FAQ on GST dated 21.9.2016 based on Draft Model GST

Chapter 10

Input Tax Credit

Contents

Q 32. What is the recovery mechanism for wrongly availed credit?

Ans. As per section 16(16) of the MGL, the wrongly availed credit would be recovered from the registered taxable person in terms of section 51 of MGL.

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