Uttarakhand HC ruling on reversal of ITC on non deposit by supplier

Narula Menthol Vs UOI & Ors. (Uttarakhand High Court)

1. Hon’ble Uttarakhand High Court has quashed the demand intimation letters issued by the GST Dept. which directed the Petitioner to reverse the ITC amounting to Rs. 1.75 Cr on the basis that the supplier from whom the goods were purchased, has failed to deposit the tax to the Govt.

2. The Hon’ble HC has held that the provisions stipulated under section 73/74 read with rules should be mandatorily followed and no recovery can be done by any other mea

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