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GST credits: This crucial new clause in GST rules is a mood-spoiler for the taxpayer

Updated : October 30, 2019 12:47 PM IST

GST authorities are issuing notices to the taxpayers for mismatches in the GSTR-2A statements with the credits availed by them, which are being contested at various forums.
There is a compelling argument that a bona-fide taxpayer cannot be penalised by disallowing his eligible credits on account of non-compliance by the supplier.
GST credits: This crucial new clause in GST rules is a mood-spoiler for the taxpayer

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