Condition Impossibility

Condition Impossibility GSTR 2B clearly indicates the set of vendor invoices which has been identified as part of the other persons liability dues. This enables a GST registered person to take the credit (subject to other conditions of course). This was concretised as part of the legislative mandate with effect from 01.01.2022. The concept of “Condition Impossibility” can be let in as part of the defence for challenging notices which are issued on the ground that the ITC cannot be availed and requires to be reversed as the Vendor has not made the tax payment only for the period prior to 01.01.2022. J the App by JustIDT is delighted to share the narrative around "Condition Impossibility"