ITC Can't Be Denied Automatically For Non-Payment Of Taxes By Supplier, Says Calcutta HC

In a landmark judgment, the Calcutta High Court has ruled that input tax credit (ITC) under GST cannot be denied over a mismatch in GSTR-2A and GSTR-3B without any investigation into the supplier. The ruling provides massive relief to companies facing demand notices on account of non-reporting or non-payment of taxes by the supplier. “There shall not be any automatic reversal of input tax credit f…