Bombay HC Sets Aside GST Cancellation for Lack of Reasons; Bank Attachment Ends After One Year

Tex Fab India Vs Union of India & Ors. (Bombay High Court) Cancellation of GST Registration Without Reasons and Lapse of Provisional Attachment under Section 83(2) The petitioner is a trader. During investigation; the GST authorities alleged that it had availed Input Tax credit (ITC) without receipt of goods. Accordingly; its bank account came to be attached under section 83 of the Finance Act. Its GST registration also came to be cancelled under section 29 of the GST act on the ground that the registration was obtained based on alleged fraud. Hence, petition came to be filed. The Hon’bl...