Calcutta HC stays Reversal of ITC for closure of Supplier’s business

Asian Hotels (East) Ltd. & Anr. Vs Deputy Commissioner of State Tax & Ors. (Calcutta High Court) The dispute in the case of Asian Hotels (East) Ltd. & Anr. Vs Deputy Commissioner of State Tax & Ors. centers around an order issued on March 30, 2024, under Section 73(9) of the West Bengal/Central Goods and Services Tax Act, 2017. The order raised a demand on Asian Hotels (East) Ltd. for allegedly availing Input Tax Credit (ITC) in violation of Section 16(2)(a) of the Act. The violation was based on the fact that M/s. Crystolyte Facility Management Pvt. Ltd., the supplier from who...