Input Tax Credit Reversal Overturned: Court Rules Supplier Responsible for Full GST Tax u/s 15(3.
Case-Laws
GST
The High Court addressed a challenge to an assessment order regarding the reversal of Input Tax Credit for credit notes issued by the supplier. The court found that the requirements under sub-section (3) of Section 15 of the GST statutes were not satisfied, leading to the supplier being liable to pay tax on the full value of supply. The court highlighted the discretionary natu
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