Blocked input tax credit - issuance of credit notes by the...

Blocked input tax credit - issuance of credit notes by the supplier - denial of Input Tax Credit with regard to certain inputs - Both parties presented their arguments, with the petitioner emphasizing the provision of evidence supporting their claims. The Court found discrepancies in the assessing officer's conclusions and noted the lack of explicit reasons for denying Input Tax Credit. Consequently, the impugned order was set aside on all three issues and remanded for re-consideration, with directions for providing the petitioner with a reasonable opportunity to present their case.

---