We have received a notice stating that all input tax credits for FY 2020-2021 have been disallowed due to the non-availability of e-invoices. Upon reviewing the status of suppliers from the e-invoice portal , we found that most of them have not enabled e-invoicing. We reached out to the suppliers to inquire about their turnover; however, citing confidentiality, many suppliers have refused to disclose this information.
For larger suppliers, we have been able to confirm their compliance and engage with them regarding e-invoicing. However, if a supplier has exceeded the turnover threshold for e-invoicing but has not registered or generated e-invoices, we, as buyers, are being held accountable for their non-compliance.
Is there any resolution or remedy available for this situation?