Transitional tax credit for eligible dealers survives incorrect form entries, while previously available eligibility objections cannot be raised on ap...
Non-deposit of input tax credit should be addressed through recovery under Sections 73 and 74 of the CGST Act, 2017, rather than cancellation of GST registration. Where returns have been regularly filed, cancellation on that basis is unjustified and does not follow the prescribed legal procedure. Revocation of the cancellation is to be allowed in accordance with law. A show-cause notice may still be issued for any other violation, following the prescribed procedure.
Non-deposit of input tax credit should be addressed through recovery under Sections 73 and 74 of the CGST Act, 2017, rather than cancellation of GST registration. Where returns have been regularly filed, cancellation on that basis is unjustified and does not follow the prescribed legal procedure. Revocation of the cancellation is to be allowed in accordance with law. A show-cause notice may still be issued for any other violation, following the prescribed procedure.
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