https://www.taxtmi.com/highlights?id=105894 Input tax credit reported under an incorrect tax head does not, by itself, establish excess credit. The aggregate credit balance and actual availability, admissibility and utilisation require verification against original records and the electronic credit ledger, rather than annual-return figures alone. Differences in reported figures require reconciliation. Consequential interest and penalty cannot independently survive if the principal demand is unsustainable. For purchase-related credit, invoice reflection in GSTR-2A alone does not establish entitlement. The statutory conditions apply cumulatively, including actual payment of the tax charged to the Government, and the claimant bears the burden of establishing entitlement. en-us Fri, 06 Nov 2026 10:57:26 +0530 Fri, 06 Nov 2026 10:57:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=105894 Input tax credit reported under an incorrect tax head does not, by itself, establish excess credit. The aggregate credit balance and actual availability, admissibility and utilisation require verification against original records and the electronic credit ledger, rather than annual-return figures alone. Differences in reported figures require reconciliation. Consequential interest and penalty cannot independently survive if the principal demand is unsustainable. For purchase-related credit, invoice reflection in GSTR-2A alone does not establish entitlement. The statutory conditions apply cumulatively, including actual payment of the tax charged to the Government, and the claimant bears the burden of establishing entitlement. Highlights GST Fri, 06 Nov 2026 10:57:26 +0530 https://www.taxtmi.com/highlights?id=105894