Buyer cannot be punished 1st for default of the seller under GST

CA Umesh Sharma | Last updated: 06 May 2021

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A recent Madras High Court ruling provides relief to buyers under GST. The court decided that buyers should not be held liable for reversing Input Tax Credit (ITC) if the seller defaults on paying taxes collected, especially when the GST department hasn't taken action against the seller first. The judgment emphasises that recovery actions should target the defaulting seller initially, with action against the buyer only considered as a last resort under specific circumstances.

Arjuna (Fictional Character): Krishna, a welcome judgment has come from Madras High Court in favour of Buyer under GST. Lets discuss it. Krishna (Fictional Character): Arjuna, Madras High Court in the case of D.Y. Bethel Enterprises has recently given some relief to the recipient of goods from th

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CA Umesh Sharma

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Name: - UMESH RAMNARAYAN SHARMA. Residential Address: - 16, Motisagar, Samarthnagar, Aurangabad. Ph :- 2332846. Mobile:9822079900. Head Office Address: - R.B.Sharma Co. Chartered Accountants. Block No 7-10, 2nd Floor, Shangri-La Complex, Samarth Nagar, Aurangabad. Ph :- 2332511,2338388. Email:- rbsha ... Read more

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