https://www.taxtmi.com/caselaws?id=774328 Input Tax Credit reversal arising from mismatch between the assessee's returns and the selling dealer's returns was required to be reconsidered in light of the later procedural framework under Circular No. 5/2021 dated 24.02.2021. Because the assessment orders had been passed before that circular and the lower authorities had not applied its return-matching mechanism, the dispute was not treated as finally resolved on the existing record. The matter was therefore remanded for de novo adjudication by the assessing authority in accordance with the applicable circular framework. en-us Wed, 25 Jun 2025 00:00:00 +0530 Mon, 07 Jul 2025 08:42:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=774328 Input Tax Credit reversal arising from mismatch between the assessee's returns and the selling dealer's returns was required to be reconsidered in light of the later procedural framework under Circular No. 5/2021 dated 24.02.2021. Because the assessment orders had been passed before that circular and the lower authorities had not applied its return-matching mechanism, the dispute was not treated as finally resolved on the existing record. The matter was therefore remanded for de novo adjudication by the assessing authority in accordance with the applicable circular framework. Case-Laws GST Wed, 25 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=774328