Input tax credit on purchases from a supplier later retrospectively cancelled was remitted for fresh consideration

Input tax credit on purchases from a supplier later retrospectively cancelled was remitted for fresh consideration https://www.taxtmi.com/highlights?id=101140 Input tax credit on purchases made while the supplier was shown as registered on the GST portal was not finally decided on merits, because the High Court found a prima facie case for interference and required fresh, reasoned reconsideration. The impugned order denying credit was quashed, and the authority was directed to reconsider the claim in the light of the Division Bench rulings in Shyamal Mal Paul and Jyoti Tar Products, including the effect of later retrospective cancellation of the supplier's registration on invoices issued during the relevant period. Entitlement to the disputed credit was left open. en-us Fri, 26 Jun 2026 07:07:29 +0530 Fri, 26 Jun 2026 07:07:32 +0530 TaxTMI RSS Generator Input tax credit on purchases from a supplier later retrospectively cancelled was remitted for fresh consideration https://www.taxtmi.com/highlights?id=101140 Input tax credit on purchases made while the supplier was shown as registered on the GST portal was not finally decided on merits, because the High Court found a prima facie case for interference and required fresh, reasoned reconsideration. The impugned order denying credit was quashed, and the authority was directed to reconsider the claim in the light of the Division Bench rulings in Shyamal Mal Paul and Jyoti Tar Products, including the effect of later retrospective cancellation of the supplier's registration on invoices issued during the relevant period. Entitlement to the disputed credit was left open. Highlights GST Fri, 26 Jun 2026 07:07:29 +0530 https://www.taxtmi.com/highlights?id=101140