High Court Allows ITC Claim, Protects Bona Fide Buyer from Seller’s GST Default - Studycafe

High Court Allows ITC Claim, Protects Bona Fide Buyer from Seller’s GST Default In a significant ruling strengthening protections for bona fide taxpayers under the Goods and Services Tax (GST) regime, the High Court of Tripura has held that Input Tax Credit (ITC) cannot be denied to a genuine purchaser merely because the selling dealer failed to deposit the tax collected from the buyer. A Division…