Denial of Input Tax Credit since the GST registration of the Supplier of Goods has been Cancelled with retrospective effect.

Input tax credit denial over supplier deregistration; remanded for document verification and fresh adjudication to determine genuineness.

Denial of Input Tax Credit was challenged where the supplier's registration was retrospectively cancelled; the petitioner paid through bank and the supplier appeared on records at the time. The High Court remanded the matter for fresh adjudication, directing the appellate authority to reconsider the petitioner's documentary evidence, hold a hearing, and pass a reasoned order verifying genuineness and timing of transactions; if purchases are genuine and occurred prior to cancellation, ITC is to be considered per precedent.