ITC Set Aside for Paper Transactions, No Goods Movement & Returned Payments: Allahabad HC

Commissioner Vs S/S Vasu Steels (Allahabad High Court)

The revisions before the Allahabad High Court arose from a common judgment of the Commercial Tax Tribunal, Bench–II, Ghaziabad, which had allowed Input Tax Credit (ITC) to the dealer. Sales/Trade Tax Revision No. 118 of 2024 was treated as the lead case, relating to the Assessment Year 2006–07 under the Central Sales Tax Act. The High Court admitted the revisions on questions of law concerning whether ITC could be allowed when the selling dealer’s registration stood cancelled and when no details of transp

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