Section 21 of CGST Act 2017: Manner of Recovery of Credit (ITC) Distributed in Excess

Section 21 : “Manner of Recovery of Credit (ITC) Distributed in Excess” (CGST Act, 2017)

Provisions under Section 21 of the Central Goods and Services Tax (CGST) Act, 2017 relating to “Manner of Recovery of Credit (ITC) Distributed in Excess”, are as under:

Where the Input Service Distributor distributes the credit in contravention of the provisions contained in section 20 resulting in excess distribution of credit to one or more recipients of credit, the excess credit so distributed shall be recovered from such recipients along with interest, and the provisions of section 73 or section 74, as the case may be, shall, mutatis mutandis, apply for determination of amount to be recovered.

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