Gujarat HC Upholds ITC Reversal for Purchases from Non-Genuine Supplier but Quashes Penalty

R V Enterprises & Anr. Vs State of Gujarat & Ors. (Gujarat High Court)

Gujarat High Court recently delivered a significant judgment in the case of R V Enterprises & Anr. Versus State of Gujarat & Ors., largely upholding the reversal of Input Tax Credit (ITC) but quashing the penalty imposed on the petitioner. The ruling, delivered under Article 227 of the Constitution of India, addressed critical aspects of GST law, particularly

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