The Kerala High Court ruling offers potential relief to Indian companies entangled in GST-related litigation due to rejected input tax credit (ITC) claims when suppliers failed to pay taxes. The court held that disallowing credit solely due to missing entries in the GSTR-2A form is unwarranted and recommended considering alternative eligibility criteria. This decision aligns with established criteria for credit eligibility. While it sets a persuasive precedent, the issue may ultimately be resolved by the Supreme Court, as there have been conflicting high court rulings.
