Input tax credit reconciliation: mandatory declarations and blocked Annexure entries required before filing current returns. Matching framework requires that once returns are filed, matched entries between a seller's Annexure 2B and a purchaser's Annexure 2A be blocked and not revisable; dealers must furnish declarations explaining mismatches arising from prior-period sales or purchases before filing current returns, must file revised returns if they accept corrections, and the department may assess a purchasing dealer where the seller disowns reported sales.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Input tax credit reconciliation: mandatory declarations and blocked Annexure entries required before filing current returns.
Matching framework requires that once returns are filed, matched entries between a seller's Annexure 2B and a purchaser's Annexure 2A be blocked and not revisable; dealers must furnish declarations explaining mismatches arising from prior-period sales or purchases before filing current returns, must file revised returns if they accept corrections, and the department may assess a purchasing dealer where the seller disowns reported sales.
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