ITC Can’t Be Denied Solely Due to Supplier Later Being Declared Non-Existent: Madras HC

Clear Secured Service Private Limited Vs Assistant Commissioner (ST) (Madras High Court) ITC Cannot Be Denied Solely on the Ground that the Supplier was Subsequently Declared Non-Existent, Without Examining the Documentary Evidence Furnished by the Assessee: Madras High Court  The Madras High Court held that the Revenue Department cannot deny Input Tax Credit (ITC) solely because the supplier was subsequently declared non-existent without examining the documentary evidence produced by the assessee. The petitioner had furnished bank statements, tax invoices, e-way bills, ledger extracts and F...