Rule 37A– A failed attempt to fight a losing battle

by | Jan 19, 2023 | Articles

In GST, eligibility to avail Input Tax Credit is subject to many conditions and restrictions. One such condition is that ‘supplier should have paid tax to the Government’ [Section 16(2)(c)] which has been facing enough litigation in GST Law for the reason that recipient has no mechanism for complying with this condition. There has been ample jurisprudence on this issue.

Recently, Government has come up with a new Rule 37A providing manner of ITC reversal and re-availment thereof due to supplier’s default in payment of tax to Government.

Through this piece of writing, our Associate Partner, Ms. Aasmee Mangla, Associate, Ms. Swati Goyal and Executive, Mr. Rupanshu Bansal have attempted to analyze the implications of this Rule in detail.

Please click to read our latest article titled Rule 37A– A failed attempt to fight a losing battle on the issue.

NITYA I Article 113 I Rule 37A– A failed attempt to fight a losing battle

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