ITC Credit on Month end Dispatches

This discussion clarifies when a buyer (Mr. Y) can claim Input Tax Credit (ITC) when goods are dispatched in one month (January) but received in the next (February). The general rule is that ITC can only be availed upon receipt of goods. However, the scenario becomes complex if the supplier files the invoice in their January return, potentially appearing in the buyer's January 2B. The core question is whether the ITC is claimable in January or February.