https://www.taxtmi.com/forum/issue?id=118767 Entitlement to Input Tax Credit is assessed at the time of receipt of supply and, where a recipient possessed valid invoices, transport and payment evidence, and supplier returns and the credit appeared in GSTR-2A/2B, subsequent retrospective cancellation of the supplier's registration does not, by itself, defeat eligibility; retrospective cancellation must be supported by material on record and a rational exercise of cancellation powers, and adjudicative consideration should account for the recipient's documentary proof of genuineness and tax payment. en-us Sat, 23 Sep 2023 12:14:06 +0530 Thu, 23 Jan 2025 14:20:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=118767 Entitlement to Input Tax Credit is assessed at the time of receipt of supply and, where a recipient possessed valid invoices, transport and payment evidence, and supplier returns and the credit appeared in GSTR-2A/2B, subsequent retrospective cancellation of the supplier's registration does not, by itself, defeat eligibility; retrospective cancellation must be supported by material on record and a rational exercise of cancellation powers, and adjudicative consideration should account for the recipient's documentary proof of genuineness and tax payment. Discussion-Forum GST Sat, 23 Sep 2023 12:14:06 +0530 https://www.taxtmi.com/forum/issue?id=118767