https://www.taxtmi.com/caselaws?id=752309 The Calcutta HC set aside an order directing the appellant to reverse input tax credit (ITC) without proper verification from the supplier. The court held that the tax authority acted arbitrarily by ignoring tax invoices and bank statements proving payment for goods/services and applicable taxes. Citing Bharti Airtel Ltd, the court emphasized that Form GSTR-2A is merely a facilitator for self-assessment decisions. The authority should have first taken action against the selling dealer unless exceptional circumstances like collusion, missing dealer, or business closure existed. The denial of credit without following due process violated natural justice principles. en-us Thu, 02 May 2024 00:00:00 +0530 Mon, 06 May 2024 10:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=752309 The Calcutta HC set aside an order directing the appellant to reverse input tax credit (ITC) without proper verification from the supplier. The court held that the tax authority acted arbitrarily by ignoring tax invoices and bank statements proving payment for goods/services and applicable taxes. Citing Bharti Airtel Ltd, the court emphasized that Form GSTR-2A is merely a facilitator for self-assessment decisions. The authority should have first taken action against the selling dealer unless exceptional circumstances like collusion, missing dealer, or business closure existed. The denial of credit without following due process violated natural justice principles. Case-Laws GST Thu, 02 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=752309