Section 21
Manner of recovery of credit distributed in excess
In force
Section 21. Manner of recovery of credit distributed in excess.
Where the Input Service Distributor distributes the credit in contravention of the provisions of section 20 resulting in excess distribution of credit to one or more recipients, the excess credit shall be recovered from such recipients along with interest.
Sources & verification
- • Statutory text: View source
- • CBIC reference: cbic-gst.gov.in/sec-21.html
- Source confidence: Pending verification
Quick facts
- Section
- 21
- Chapter
- V
- Amendments
- 0
- Notifications
- 0
- Circulars
- 0
- Case laws
- 0
- Linked rules
- 0