https://www.taxtmi.com/caselaws?id=770844 The HC set aside an ex parte assessment order under Section 73 of the CGST Act that disallowed Input Tax Credit for Superior Kerosene Oil purchases for PDS distribution. The court held that the petitioner was denied natural justice as no opportunity was provided to produce books of accounts and substantiate the ITC claim. While acknowledging that registered persons must prove actual physical movement of goods and genuineness of transactions for ITC claims, the court found the assessment unsustainable due to lack of proper verification and opportunity. The petitioner was granted one opportunity before the Assessing Authority to substantiate their claim. en-us Tue, 13 May 2025 00:00:00 +0530 Fri, 06 Jun 2025 18:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=770844 The HC set aside an ex parte assessment order under Section 73 of the CGST Act that disallowed Input Tax Credit for Superior Kerosene Oil purchases for PDS distribution. The court held that the petitioner was denied natural justice as no opportunity was provided to produce books of accounts and substantiate the ITC claim. While acknowledging that registered persons must prove actual physical movement of goods and genuineness of transactions for ITC claims, the court found the assessment unsustainable due to lack of proper verification and opportunity. The petitioner was granted one opportunity before the Assessing Authority to substantiate their claim. Case-Laws GST Tue, 13 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=770844