https://www.taxtmi.com/forum/issue?id=119025 Reversal of ITC is sought under Sec.19(5)(c) TNVAT for failure to produce C Forms; the notice is not time barred. Administrative guidance allows utilisation of the electronic credit ledger to discharge output tax liabilities and demands. The practicable approach is to request the assessing officer to accept reversal by adjusting the SGST credit in returns or by formal correspondence proposing use of available credit to settle the ITC reversal and resolve the matter administratively. en-us Sun, 10 Mar 2024 16:19:41 +0530 Fri, 24 Jan 2025 10:40:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=119025 Reversal of ITC is sought under Sec.19(5)(c) TNVAT for failure to produce C Forms; the notice is not time barred. Administrative guidance allows utilisation of the electronic credit ledger to discharge output tax liabilities and demands. The practicable approach is to request the assessing officer to accept reversal by adjusting the SGST credit in returns or by formal correspondence proposing use of available credit to settle the ITC reversal and resolve the matter administratively. Discussion-Forum GST Sun, 10 Mar 2024 16:19:41 +0530 https://www.taxtmi.com/forum/issue?id=119025