Calcutta HC Annuls Directive for ITC Reversal due to Supplier’s GST Registration Cancellation

Car Chassis Carriers Private Limited & anr Vs Assistant Commissioner (Calcutta High Court) Calcutta High Court Annuls Authority’s Email Directive to reverse ITC due to retrospective cancellation of supplier’s GST Registration Introduction: The Calcutta High Court recently delivered a significant judgment in the case of Car Chassis Carriers Private Limited & anr. vs. Assistant Commissioner. The court annulled the authority’s email directive, which instructed the petitioner to reverse input tax credit (ITC) against a supply following the retrospective cancellation of the s...