https://www.taxtmi.com/article/detailed?id=12650 The AAR ruled that ITC was disallowed because the supplier reported the motor vehicle supply in its GSTR-1 for an earlier month when the recipient was opting for a lower tax rate that precluded ITC; the AAR gave precedence to the supplier's statutory GSTR-1 filing over the recipient's physical invoice as evidence of time of supply. A contrary view emphasises that entitlement to credit depends on meeting the statutory conditions for input tax credit and that auto-population in GSTR-2B of an earlier period does not, by itself, bar claim of ITC. en-us Fri, 31 May 2024 11:04:07 +0530 Fri, 31 May 2024 11:04:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=12650 The AAR ruled that ITC was disallowed because the supplier reported the motor vehicle supply in its GSTR-1 for an earlier month when the recipient was opting for a lower tax rate that precluded ITC; the AAR gave precedence to the supplier's statutory GSTR-1 filing over the recipient's physical invoice as evidence of time of supply. A contrary view emphasises that entitlement to credit depends on meeting the statutory conditions for input tax credit and that auto-population in GSTR-2B of an earlier period does not, by itself, bar claim of ITC. Articles Goods and Services Tax - GST Fri, 31 May 2024 11:04:07 +0530 https://www.taxtmi.com/article/detailed?id=12650