Rejection of claim of input tax credit based on web report without complying with circular no. 5/2021 untenable

ARASPVPV Automobiles Private Limited Vs Assistant Commissioner (ST) (Madras High Court) Madras High Court held that order passed rejecting the claim of Input Tax Credit on the basis of the web report set aside for fresh consideration since order was passed without complying with procedure stipulated in circular no. 5/2021 dated 24.02.2021. Facts- The present writ petition is filed challenging the impugned order, whereby the claim of Input Tax Credit was rejected on the basis of the web report. As per the web report, it was found that the petitioner has not disclosed purchases to the tune of Rs...