Input Tax Credit Cannot Be Denied When Seller's GST Registration Was Valid During Transaction Despite Later Cancellation

Input Tax Credit Cannot Be Denied When Seller’s GST Registration Was Valid During Transaction Despite Later CancellationCase-LawsGSTThe HC held that the petitioner was entitled to Input Tax Credit (ITC) despite the seller’s GST registration being canceled

Input Tax Credit Cannot Be Denied When Seller's GST Registration Was Valid During Transaction Despite Later Cancellation
Case-Laws
GST
The HC held that the petitioner was entitled to Input Tax Credit (ITC) despite the seller's GST registration being canceled retrospectively. Since the transaction occurred on 06.12.2018 when the seller was validly registered, and the cancellation took effect from 29.01.2020, no adverse inference could be drawn against the petitioner. The Court emphasized

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