https://www.taxtmi.com/article/detailed?id=9978 Invoice matching has been advanced as a condition for claiming Input Tax Credit, shifting from a returns-driven statutory match to a rule-based cap and a recent amendment making supplier furnishing of outward-supply details a formal eligibility requirement; this raises ultra vires, practical impossibility, and equality concerns, and the article urges limiting denial to non bonafide transactions while ensuring recovery action against defaulting suppliers and mechanisms to recredit recipients when suppliers subsequently pay. en-us Tue, 31 Aug 2021 19:01:38 +0530 Tue, 31 Aug 2021 19:01:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9978 Invoice matching has been advanced as a condition for claiming Input Tax Credit, shifting from a returns-driven statutory match to a rule-based cap and a recent amendment making supplier furnishing of outward-supply details a formal eligibility requirement; this raises ultra vires, practical impossibility, and equality concerns, and the article urges limiting denial to non bonafide transactions while ensuring recovery action against defaulting suppliers and mechanisms to recredit recipients when suppliers subsequently pay. Articles Goods and Services Tax - GST Tue, 31 Aug 2021 19:01:38 +0530 https://www.taxtmi.com/article/detailed?id=9978