Input tax credit

[Bharat Cholleti]

Dear sir,

Applicant availed Input tax credit as per the invoices which is not reflected in 2A, Now received notice for payment of difference tax between 3B and 2A, applicant remitted the payments to supplier through cheques only. kindly support with case laws in this matter. Section 16 2(aa) is only effective from 01-01-2022 As per Finance Act 2021.

AI Summary

Input tax credit eligibility when supplier reports B2C can be denied due to return mismatch; obtain supplier certification.
The issue is denial of Input Tax Credit where supplier-uploaded records show B2C reporting instead of B2B, causing a mismatch between the recipient's returns and auto-populated purchase data; practitioners recommend obtaining a supplier certificate confirming tax discharge and relying on administrative guidance that emphasizes verification of supplier tax payment rather than automatic reversal of recipient credit.