https://www.taxtmi.com/forum/issue?id=116634 Mismatched headwise availment and credits for purchases from unregistered suppliers create ineligible input tax credit that must be corrected in the current-month return by reversing credit from the incorrect head and re-availing under correct heads; such differences will auto-populate and appear as reconciliation variances in the annual return, which should be supported by invoice-level details. Credits claimed from unregistered suppliers will also appear as differences and should be discharged through the applicable recovery procedure; reversals already made in monthly returns must be reflected in the annual return reconciliation. en-us Wed, 19 Aug 2020 21:13:57 +0530 Thu, 23 Jan 2025 15:54:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=116634 Mismatched headwise availment and credits for purchases from unregistered suppliers create ineligible input tax credit that must be corrected in the current-month return by reversing credit from the incorrect head and re-availing under correct heads; such differences will auto-populate and appear as reconciliation variances in the annual return, which should be supported by invoice-level details. Credits claimed from unregistered suppliers will also appear as differences and should be discharged through the applicable recovery procedure; reversals already made in monthly returns must be reflected in the annual return reconciliation. Discussion-Forum GST Wed, 19 Aug 2020 21:13:57 +0530 https://www.taxtmi.com/forum/issue?id=116634