https://www.taxtmi.com/article/detailed?id=11523 The Calcutta High Court held that Input Tax Credit cannot be denied solely due to retrospective cancellation of a supplier's GST registration; denial requires proof of the recipient's connivance or collusion. The decision aligns with prior precedents that a supplier's failure to remit tax does not automatically defeat a recipient's ITC claim absent evidence of dishonest participation. Concurrently, the Supreme Court requires the buyer to meet an evidentiary burden to prove transaction genuineness and receipt of goods, creating a dual framework allocating proof obligations between the tax department and the buyer. en-us Wed, 21 Jun 2023 09:14:24 +0530 Wed, 21 Jun 2023 09:14:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=11523 The Calcutta High Court held that Input Tax Credit cannot be denied solely due to retrospective cancellation of a supplier's GST registration; denial requires proof of the recipient's connivance or collusion. The decision aligns with prior precedents that a supplier's failure to remit tax does not automatically defeat a recipient's ITC claim absent evidence of dishonest participation. Concurrently, the Supreme Court requires the buyer to meet an evidentiary burden to prove transaction genuineness and receipt of goods, creating a dual framework allocating proof obligations between the tax department and the buyer. Articles Goods and Services Tax - GST Wed, 21 Jun 2023 09:14:24 +0530 https://www.taxtmi.com/article/detailed?id=11523