ITC Denial for Supplier Default; No Natural Justice Violation: HC Advises statutory Remedies

Vijay Impex Vs State Tax Officer (Madras High Court) In the case of Vijay Impex Vs State Tax Officer, the Madras High Court reviewed a challenge to an order dated April 22, 2024, which reversed the Input Tax Credit (ITC) claimed by the petitioner. The petitioner had claimed ITC for supplies from M/s. Panjali Colours and submitted relevant documents in response to a show cause notice issued in November 2023. They relied on Circular No. 183 dated December 27, 2022, which allows for submission of a supplier’s certificate to validate ITC claims when discrepancies between Forms GSTR-3B and GS...