ITC Cannot Be Denied to a Bona Fide Purchaser Merely for Supplier's GST Default in Absence of Fraud

ITC Cannot Be Denied to a Bona Fide Purchaser Merely for Supplier's GST Default in Absence of Fraud https://www.taxtmi.com/article/detailed?id=16052 ITC cannot be denied to a bona fide purchasing dealer solely because the supplier failed to deposit the tax collected where proceedings are under non fraud provisions and there is no finding of fraud, collusion or non bona fide conduct; the court read down the statutory deposit condition to prevent imposing an impossible burden on innocent purchasers and set aside the demand order restoring the purchaser's ITC. en-us Fri, 20 Mar 2026 08:37:05 +0530 Fri, 20 Mar 2026 08:37:05 +0530 TaxTMI RSS Generator ITC Cannot Be Denied to a Bona Fide Purchaser Merely for Supplier's GST Default in Absence of Fraud https://www.taxtmi.com/article/detailed?id=16052 ITC cannot be denied to a bona fide purchasing dealer solely because the supplier failed to deposit the tax collected where proceedings are under non fraud provisions and there is no finding of fraud, collusion or non bona fide conduct; the court read down the statutory deposit condition to prevent imposing an impossible burden on innocent purchasers and set aside the demand order restoring the purchaser's ITC. Articles Goods and Services Tax - GST Fri, 20 Mar 2026 08:37:05 +0530 https://www.taxtmi.com/article/detailed?id=16052