Tax & ComplianceLiveMint — Money
GST Council may consider protection for genuine buyers losing input tax credit due to supplier default: Report
5 Oct 2026 · 5 Oct 2026Source: LiveMint — Money
GST Council may protect genuine buyers from losing input tax credit if suppliers default on tax payments. The proposal, discussed in the upcoming meeting, will ensure buyers aren’t penalised for a supplier’s tax default. Details here.
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