If these both conditions are met then applicant can recover input VAT. Invoice is received and there is intention to make payment within six months after the agreed date of payment. if the applicant has intention to make payment in next period then he has to recover input VAT in next period.
If the input VAT is not recovered within two subsequent periods then applicant is required to submit the voluntary disclosure. So, in voluntary disclosure the applicant can change the input VAT in any one of the periods.
If an applicant fails to make the payment of consideration before the expiration of six months after the agreed date of payment, the applicant should reduce the input tax in the VAT Return of the tax period following the expiry of the six-month period. However, once the payment is made, the applicant will again be entitled to recover the input tax.