https://www.taxtmi.com/caselaws?id=424629 The HC dismissed a challenge to a show cause notice regarding Input Tax Credit (ITC) under the CGST Act, finding no legal infirmity. The court emphasized that Section 42 requires simultaneous investigation with both purchaser and supplier when verifying ITC claims, with discrepancies communicated to both parties. The HC directed the petitioner to respond to the notice and instructed the Assessing Authority to conduct proceedings in accordance with Section 42 and Circular No.5 of 2021, ensuring principles of natural justice are followed and assessment completed within 180 days. en-us Tue, 21 Jun 2022 00:00:00 +0530 Fri, 04 Apr 2025 13:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424629 The HC dismissed a challenge to a show cause notice regarding Input Tax Credit (ITC) under the CGST Act, finding no legal infirmity. The court emphasized that Section 42 requires simultaneous investigation with both purchaser and supplier when verifying ITC claims, with discrepancies communicated to both parties. The HC directed the petitioner to respond to the notice and instructed the Assessing Authority to conduct proceedings in accordance with Section 42 and Circular No.5 of 2021, ensuring principles of natural justice are followed and assessment completed within 180 days. Case-Laws GST Tue, 21 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424629