Purchases were made in November 2018 (GST registration was active), however, GST registration of the supplier was canceled retrospectively from October 2018!
Buyer must verify registration and supporting documents!
The main contention of the petitioner is that the transactions in question are genuine and valid and relying upon all the supporting relevant documents required under law, the petitioner with due diligence verified the genuineness and identity of the supplier and name of the supplier as the registered taxable person was available at the Government Portal showing its registration as valid and existing at the time of transaction.
Read & Download the Full HIGH COURT ON ITC- GARGOTRADERS 5 THINGS YOU MUST KNOW pdf:
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