Petitioner is not liable to pay penalties for the wrongful availment of ITC by the Supplier
Last updated: 20 February 2024
Court :
Calcutta High Court
Brief :
The Hon'ble Calcutta High Court in the case of Fairdeal Metals Ltd. v. Assistant Commissioner of Revenue, State Tax, Bureau of Investigation (NB) [Writ Petition Application No. 170 of 2024 dated February 01, 2024], held that the Petitioner was not responsible for bogus availment of Input Tax Credit ("ITC") by the Supplier. Therefore, the Petitioner is not liable to pay the penalty.
Citation :
Writ Petition Application No. 170 of 2024 dated February 01, 2024]
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Bimal Jain
Published in GST
Views : 246
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