No GSTIN Cancellation Without Proof of Fraudulent ITC Involvement & Independent Verification

Florida Solvent Private Limited Vs Superintendent (Bombay High Court) The case concerns a challenge to an order cancelling the petitioner’s GST registration (GSTIN) ab initio under Section 29 of the CGST Act, 2017. The cancellation was based on allegations of fraudulent availment of Input Tax Credit (ITC) through a network of suppliers allegedly involved in issuing fake invoices. The department justified the cancellation on the basis of buyer-supplier network analysis, stating that the petitioner had received supplies from entities linked to a chain ending in a fake ITC generator. It was all...