https://www.taxtmi.com/highlights?id=74840 Reversal of input tax credit (ITC) u/s 17(5)(h) of the CGST Act, 2017 can be sought on presumptive basis or not - Allegation of short declaration of Outward Supply and excess claim of ITC - The High court concludes that the issuance of the Show Cause Notice is arbitrary due to procedural irregularities, including inadequate consideration of the petitioner's submissions. - The petitioner is granted relief in part, with the quashing of the impugned Show Cause Notice, but with certain liberties granted to both parties for further submissions and actions. en-us Mon, 12 Feb 2024 06:30:06 +0530 Mon, 12 Feb 2024 06:30:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=74840 Reversal of input tax credit (ITC) u/s 17(5)(h) of the CGST Act, 2017 can be sought on presumptive basis or not - Allegation of short declaration of Outward Supply and excess claim of ITC - The High court concludes that the issuance of the Show Cause Notice is arbitrary due to procedural irregularities, including inadequate consideration of the petitioner's submissions. - The petitioner is granted relief in part, with the quashing of the impugned Show Cause Notice, but with certain liberties granted to both parties for further submissions and actions. Highlights GST Mon, 12 Feb 2024 06:30:06 +0530 https://www.taxtmi.com/highlights?id=74840