Allahabad High Court Protects Genuine Input Tax Credit: ITC Cannot Be Denied Merely Due to Subsequent Cancellation of Supplier’s GST Registration In a significant relief to honest taxpayers, the Allahabad High Court has once again reaffirmed a crucial principle of GST law: Input Tax Credit (ITC) lawfully availed by a bona fide purchaser cannot be…
The post Allahabad High Court Protects Genuine Input Tax Credit: ITC Cannot Be Denied Merely Due to Subsequent Cancellation of Supplier’s GST Registration appeared first on The Tax Talk.
