Section 21 of GST – Manner of recovery of credit distributed in excess, Detailed Analysis of GST Section 21 of GST Act 2017 – Manner of recovery of credit distributed in excess Under GST. Everything you want to know about GST all Sections. This Act may be called the CGST Act, 2017. Section Wise Analysis of GST Act 2017, Chapter Wise Analysis of GST All Sections. in this article you may find complete details regarding Section 21 of GST Act 2017 –Manner of recovery of credit distributed in excess Under GST, gst all section and definitions. Now Check more details from below…..
Section 21 of GST – Manner of recovery of credit distributed in excess
Where the Input Service Distributor distributes the credit in contravention of the provisions contained in section 20 resulting in excess distribution of credit to one or more recipients of credit, the excess credit so distributed shall be recovered from such recipients along with interest, and the provisions of section 73 or section 74, as the case may be, shall, mutatis mutandis, apply for determination of amount to be recovered.