Why Tripura High Court said Input Tax Credit provision in CGST not meant to punish taxpayers

The bench said that it is impossible for the purchaser to check whether the supplier has deposited the tax paid by him to the ...
Tax Guru

Input Tax Credit Cannot Be Denied for Supplier’s Default: Tripura HC

The Court held that a bona fide purchaser cannot be denied ITC merely because the supplier failed to pay GST. Recovery must be made from the defaulting seller, not the genuine ...