What are the consequences of credit distributed in contravention of the provisions of the Act?
Question 17
Bill
Concept of Input Service Distributor in GST
FAQ on GST dated 21.9.2016 based on Draft Model GST
Q 17. What are the consequences of credit distributed in contravention of the provisions of the Act?
\nAns. The credit distributed in contravention of provisions of Act could be recovered from the unit to which it is distributed along with interest.
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Statute, statutory <\/p>\n
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