Details of every inward supply of Recipient and claim in reduction in output tax liability (invoices or the credit notes) for a tax period shall will be matched:
(a) With the corresponding details of outward supply furnished by the
following corresponding details:
• GSTIN of the supplier;
• GSTN of the recipient;
• Invoice or debit note number/Credit note No.;
• Invoice or debit note date/Credit Note date;
• taxable value; and
• tax amount,
(b) With the IGST paid under sec. 3 of the Customs Tariff Act, 1975 in respect of goods imported by him and
(c) For the duplication of claims of input tax credit.
The claim of input tax credit in respect of any tax period which had been communicated as mismatched but is found to be matched after rectification by the supplier or recipient shall be finally accepted and made available electronically to the person making such claim in FORM GST MIS-i through the Common Portal.
In case of the mismatches on account of
(i) the ITC on inward supply, which is in excess of the tax declared by the supplier for the same supply or
(ii) the outward supply is not declared by the supplier in his valid return.
Such discrepancies shall be communicated to both the supplier and the recipient.