GST ITC Cannot Be Denied for Supplier’s Tax Default: HC The Gauhati High Court reiterated that Input Tax Credit (ITC) cannot be denied to a bona fide purchaser merely because the supplier failed to deposit the tax collected from the purchaser with the Government. Following its earlier decision in National Plasto Moulding, the Court quashed […]
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.