ITC cannot be denied for retrospective cancellation of a selling dealer’s registration certificate  

Jinsasan Distributors Vs Commercial Tax Officer (CT) (Madras High Court) Introduction: The case of Jinsasan Distributors vs. Commercial Tax Officer (CT) adjudicated by the Madras High Court addresses a pivotal issue concerning the reversal of input tax credit in instances where the selling dealer’s registration is retrospectively cancelled. This judgment holds significant implications for registered dealers under the Tamil Nadu Value Added Tax Act, 2006 (TNVAT Act, 2006), particularly concerning the availing and reversing of input tax credits on purchased goods. The court’s interp...