What are the consequences of credit distributed in contravention of the provisions of the Act?

What are the consequences of credit distributed in contravention of the provisions of the Act?
Question 19
Bill
Concept of Input Service Distributor in GST
Faq On GST (2nd Edition) Dated 31.3.2017
Q 19. 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 recipient to which it is distributed along with interest.

Statute, statutory pr

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =