Matching of Input Tax credit on inward supply by recipient is undertaken with

The correct answer is: C. Invoices maintained by the supplier

The recipient of an inward supply can claim input tax credit on the invoice issued by the supplier. The invoice must be in the prescribed format and must contain all the required details. The recipient must also maintain a record of all the invoices received from suppliers.

The matching of input tax credit on inward supply by recipient is undertaken with the invoices maintained by the supplier. The recipient must match the details of the invoice with the details of the supply in their books of accounts. If the details match, the recipient can claim input tax credit.

The other options are incorrect because:

• Option A is incorrect because the monthly return filed by the supplier is not used for matching input tax credit. The monthly return is used for reporting the outward supplies made by the supplier.
• Option B is incorrect because the outward supply filed by the supplier is not used for matching input tax credit. The outward supply is used for reporting the supplies made by the supplier.
• Option D is incorrect because none of the above options are correct.