Assessment Order Set Aside for Ignoring Valid Invoices and GST Returns: Karnataka HC

Bangalore Steel Distributors Vs Assistant Commissioner of Central Tax (Karnataka High Court) The Karnataka High Court set aside an Order-in-Original challenged by the petitioner and remitted the matter for reconsideration. The petitioner contended that the adjudication order failed to consider its detailed submissions, particularly its assertion that purchases were made against valid tax invoices issued by a registered supplier. The petitioner stated that it had made specific assertions to demonstrate the genuineness of the transactions, but these were not taken note of by the authority. The C...