The case, as held, even at the initial level by the Hon’ble Supreme Court can become Game Changer in

Input Tax Credit remains a complex issue within the GST ecosystem, particularly concerning Section 16 of the GST Act. The continuous amendments and advisory impacts, both legislatively and through online portals, have made it a challenging area for businesses. The linkage between GSTR 1 returns and the actual Input Tax Credit (ITC) received, notably through 2A, often lacks clarity for recipients. The ambiguity extends to the filing status of suppliers' GSTR 3B, leaving recipients uncertain about the credit status. Despite suppliers' tax payments, recipients can face challenges in claiming ITC due to administrative errors. The taxing authorities sometimes pursue recipients to forfeit credits, even in cases where the tax has been duly paid. Recognizing the need for rectification of such errors, a significant ruling on 24.03.2025 by the Hon’ble Supreme Court emphasized the right of businesses to rectify clerical or arithmetic mistakes. The court acknowledged the impact of errors on ITC claims and the subsequent denials, highlighting the Revenue's stance on the limitations of rectification post the stipulated period.