https://www.taxtmi.com/article/detailed?id=15608 The piece sets out the operational prerequisites for claiming Input Tax Credit-valid invoices, receipt of supplies, supplier tax payment and accurate reporting-and identifies GSTR 2B reconciliation as the focal control. It prescribes automated reconciliation, supplier governance (contract clauses, staged payments, vendor ratings), careful treatment of capital goods, and correct import documentation to prevent blocked credits and reversals. Technology tools and periodic internal ITC audits are recommended to detect mismatches, missed credits and reversal non compliance. en-us Tue, 16 Dec 2025 08:19:48 +0530 Tue, 16 Dec 2025 08:19:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=15608 The piece sets out the operational prerequisites for claiming Input Tax Credit-valid invoices, receipt of supplies, supplier tax payment and accurate reporting-and identifies GSTR 2B reconciliation as the focal control. It prescribes automated reconciliation, supplier governance (contract clauses, staged payments, vendor ratings), careful treatment of capital goods, and correct import documentation to prevent blocked credits and reversals. Technology tools and periodic internal ITC audits are recommended to detect mismatches, missed credits and reversal non compliance. Articles Goods and Services Tax - GST Tue, 16 Dec 2025 08:19:48 +0530 https://www.taxtmi.com/article/detailed?id=15608