https://www.taxtmi.com/caselaws?id=329438 Input tax credit cannot be denied merely because a selling dealer's registration was retrospectively cancelled; the Department must establish with record-based material that the purchase transactions were sham, bogus or otherwise not genuine. Revisional additions also fail where the authority relies on material not forming part of the subordinate record or where jurisdiction is not validly assumed under section 75 of the Gujarat Value Added Tax Act, 2003. On these facts, the revisional proceedings were held without jurisdiction and the tax, interest and penalty demand was quashed. en-us Fri, 17 Jun 2016 00:00:00 +0530 Wed, 18 Jan 2017 15:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=329438 Input tax credit cannot be denied merely because a selling dealer's registration was retrospectively cancelled; the Department must establish with record-based material that the purchase transactions were sham, bogus or otherwise not genuine. Revisional additions also fail where the authority relies on material not forming part of the subordinate record or where jurisdiction is not validly assumed under section 75 of the Gujarat Value Added Tax Act, 2003. On these facts, the revisional proceedings were held without jurisdiction and the tax, interest and penalty demand was quashed. Case-Laws VAT and Sales Tax Fri, 17 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=329438