https://www.taxtmi.com/article/detailed?id=15887 A bona fide purchaser cannot be penalised under Section 16(2)(c) CGST absent findings that the transaction was collusive, fraudulent, or intended to evade tax; the Tripura High Court applied the ratio in Sahil Enterprises, set aside the adjudicating order, and directed restoration of input tax credit where no adverse finding on genuineness was recorded, cautioning that mere supplier default without an assessment of the buyer's bona fides does not justify depriving ITC. en-us Mon, 16 Feb 2026 09:44:05 +0530 Mon, 16 Feb 2026 09:44:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=15887 A bona fide purchaser cannot be penalised under Section 16(2)(c) CGST absent findings that the transaction was collusive, fraudulent, or intended to evade tax; the Tripura High Court applied the ratio in Sahil Enterprises, set aside the adjudicating order, and directed restoration of input tax credit where no adverse finding on genuineness was recorded, cautioning that mere supplier default without an assessment of the buyer's bona fides does not justify depriving ITC. Articles Goods and Services Tax - GST Mon, 16 Feb 2026 09:44:05 +0530 https://www.taxtmi.com/article/detailed?id=15887