2024 (7) TMI 1243

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....oner was called upon to show cause as to why its GST registration number not be cancelled and its GST registration was suspended from the date of the impugned SCN. 2. The petitioner was registered with GST authorities with effect from 03.08.2023 and was assigned the Goods and Services Tax Identification (GSTIN) - No.07CSUPA0997G1ZC. The Proper Officer proposed to cancel the petitioner's GST registration and issued the impugned SCN. 3. There are two reasons reflected in the impugned SCN for proposing to cancel the petitioner's registration. The same are set out below: 4. The first reads as "returns furnished by you under section 39 of the Central Goods and Services Tax Act, 2017"; and the second reads as "On the basis of information....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... on the record as it is lying under objection. A copy of the counter affidavit has been handed over in Court. 9. She submits that the impugned SCN reveals that the investigations reveal that the petitioner was involved in the activity of passing fake Input Tax Credit. The relevant extract of the counter affidavit, which sets out the allegations against the petitioner is reproduced below:- "The Form GST REG-31/ Show Cause Notice was issued to the Petitioner fir, as preliminary investigations revealed that they were engaged in the activity of passing fake Input Tax Credit (hereinafter referred to as "ITC") to the tune of Rs.4,06,28,221/- to the dealer i.e., M/s. Kaiser Industries holding Bahadurgarh Limited, GSTIN: 06AABCK0456GIZV....