Input tax credit reconciliation: supplier declarations or professional certificates may conditionally avert recovery, but verification gaps persist.
The Circular addresses ITC mismatches between GSTR-3B and GSTR-2A by identifying supplier causes (non filing, misreporting, wrong GSTIN) and prescribing a verification sequence: check eligibility under Section 16 and related provisions, then require supplier self declaration for lower-value annual ITC or a CA/CMA certificate with UDIN for larger amounts. Relaxations apply only to ongoing proceedings for specified periods and do not preclude recovery where suppliers failed to file GSTR 1 by the cutoff; certificates may be challenged and professionals must perform detailed reconciliations. (AI Summary)