https://www.taxtmi.com/forum/issue?id=117125 Whether claimed Input Tax Credit appearing in recipient records but absent from supplier reported outward returns due to late supplier filing necessitates reversal is addressed: reversal is not required solely for such timing mismatches; taxpayers should file a portal rectification/grievance, disclose the discrepancy in the annual return, and pursue departmental rectification to demonstrate bona fides and avoid penalties. en-us Sun, 28 Mar 2021 16:48:49 +0530 Thu, 23 Jan 2025 15:54:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=117125 Whether claimed Input Tax Credit appearing in recipient records but absent from supplier reported outward returns due to late supplier filing necessitates reversal is addressed: reversal is not required solely for such timing mismatches; taxpayers should file a portal rectification/grievance, disclose the discrepancy in the annual return, and pursue departmental rectification to demonstrate bona fides and avoid penalties. Discussion-Forum GST Sun, 28 Mar 2021 16:48:49 +0530 https://www.taxtmi.com/forum/issue?id=117125