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What will happen if the taxpayer does not give consideration to the supplier?

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What will happen if the taxpayer does not give consideration to the supplier?
posted Jun 22, 2017 by Anita Yadav

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1 Answer

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Taxpayer is required to pay the consideration along with tax within 180 days from the date of issue of invoice then only he will get ITC. Otherwise, ITC taken will be reversed. The taxpayer will get the ITC after making its payment.

answer Jun 23, 2017 by Prajwal C.m.
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