Retrospective GST Cancellation Alone Cannot Deny ITC

    Written byVIDUR
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    Retrospective GST Cancellation Alone Cannot Deny ITC

    GSTAT Delhi held that retrospective supplier registration cancellation alone cannot deny ITC where statutory conditions are satisfied and the transactions are genuine.
    The Tribunal dismissed the Department’s appeal, upheld relief from the ₹37,184 demand, interest and ₹10,000 penalty, and directed refund of deposits in accordance with law