https://www.taxtmi.com/caselaws?id=340323 Input tax credit cannot be reversed merely because of mismatch in departmental particulars or cancellation of the seller's registration; the assessing authority must examine whether the transaction was genuine, compare the cancellation date with the invoice date, and rely on cogent material before treating purchases as bogus. Mere non-filing of objections does not permit automatic confirmation of pre-assessment proposals. Any material used to deny credit must be furnished to the assessee, and a reasonable opportunity of hearing must be given before finalising the assessment. On these grounds, the assessment orders were set aside and the matters remitted for fresh assessment after compliance with natural justice. en-us Mon, 13 Feb 2017 00:00:00 +0530 Mon, 05 Nov 2018 11:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340323 Input tax credit cannot be reversed merely because of mismatch in departmental particulars or cancellation of the seller's registration; the assessing authority must examine whether the transaction was genuine, compare the cancellation date with the invoice date, and rely on cogent material before treating purchases as bogus. Mere non-filing of objections does not permit automatic confirmation of pre-assessment proposals. Any material used to deny credit must be furnished to the assessee, and a reasonable opportunity of hearing must be given before finalising the assessment. On these grounds, the assessment orders were set aside and the matters remitted for fresh assessment after compliance with natural justice. Case-Laws VAT and Sales Tax Mon, 13 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340323