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        Case ID :
        GST

        Reversal of Input Tax Credit - proper verification of the...

        Authorities Must Verify Dealer Transactions for ITC Claims; Section 42(3) Ensures Cross-Verification for Accuracy and Compliance.

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                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.
                                Reversal of Input Tax Credit - proper verification of the transactions of selling/purchasing dealers to ensure that there is a match of the details of the transaction or not - what is required is that in matters involving claim of ITC, it is incumbent upon the authority to conduct a proper verification of the transactions of selling/purchasing dealers to ensure that there is a match of the details of the transaction, at both ends. This is why Section 42(3) requires the officer to supply the details of the transaction to 'both such persons' to enable such cross-verification - HC
                                Note: It is a system-generated summary and is for quick reference only.
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