Engineering Tools Corporation Vs Assistant Commissioner (ST)
Date: February 14, 2024
Subject Matter
ITC reversal solely based on the supplier's cancelled registration is unsustainable
Summary
The petitioner challenged an assessment order which reversed the Input Tax Credit (ITC) availed by the petitioner, citing the retrospective cancellation of the supplier's GST registration. The petitioner provided evidence of the purchases, includ…
FULL TEXT OF THE JUDGMENT/ORDER OF MADRAS HIGH COURT The petitioner assails an assessment order dated 30.12.2023 by which the Input Tax Credit (ITC) availed of by the petitioner was reversed on the ground that the GST registration of the relevant supplier was cancelled with retrospective effect. 2. The petitioner asserts that he had purchased goods from M/s. Shikhar Technologies in 2017-2018 and t…