Can the recipient reclaim the Input Tax Credit that was reversed due to non-payment of consideration within 180 days from the date of invoice issuance?

Yes it is possible to re-avail Input Tax Credit under GST that was reversed due to non-payment of consideration within 180 days.

As per Section 16(2) of the CGST Act of 2017, the registered person is permitted to re-avail the Input Tax Credit that was reversed, when he makes the payment of consideration after 180 days period from the date when invoice was issued.


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