Gauhati HC Quashes ITC Denial as Supplier’s Tax Default Cannot Penalize Bona Fide Purchaser

Sri Gurucharan Kangsa Banik Vs Union of India and Anr (Gauhati High Court) Input Tax Credit Cannot Be Denied Solely for Supplier’s Failure to Deposit GST; Bona Fide Purchasing Dealer Cannot Be Punished for Supplier’s Tax Deposit Failure; GST Demand Set Aside Because ITC Denial Was Based Only on Supplier’s Non-Payment of Tax; Gauhati High Court Rules ITC Cannot Be Rejected Where Purchaser Complied with Statutory Conditions; Purchasing Dealer Protected from ITC Denial Because Supplier’s Default Was Beyond Its Control; ITC Disallowance Quashed Because Department’s Re...