Denial of Input Tax Credit to Bona Fide Purchasers: Re-examining Section 16(2)(c) in Light of Section 76

An analysis of the denial of input tax credit to bona fide purchasers under Section 16(2)(c) of the CGST Act, examining supplier defaults, Section 76 as a recovery mechanism, constitutional concerns under Articles 14 and 19(1)(g), and the case for targeted enforcement against fraudulent transactions. Introduction One of the major issues in the goods and services tax (GST) regime is the denial of i…