Question 17 - What are the consequences of credit distributed in contravention of the provisions of the Act? - 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 11
Concept of Input Service Distributor in GST
Contents
Q 17. What are the consequences of credit distributed in contravention of the provisions of the Act?
Ans. The credit distributed in contravention of provisions of Act could be recovered from the unit to which it is distributed along with interest.