SC to decide ITC Denial Due to retrospective Cancellation of Seller’s GST Registration

Roshan Sharma Vs Deputy Commissioner of Revenue (Supreme Court of India) The Supreme Court in Roshan Sharma v. Deputy Commissioner of Revenue, State Tax & Anr. has agreed to examine whether Input Tax Credit (ITC) can be denied solely because a supplier’s GST registration was later cancelled with retrospective effect, even though it was valid on the date of the transaction. The petitioner, a registered dealer, faced tax, interest, and penalty demands after the Department rejected ITC based on retrospective cancellation and alleged documentary discrepancies, while also denying cross-examin...