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TMI BlogThe Legal Contours of Input Tax Credit Eligibility: Procedural Aspects of GST and ITCX X X X Extracts X X X X X X X X Extracts X X X X ..... he intricacies of the input tax credit (ITC) mechanism under the West Bengal Goods and Services Tax Act 2017 (WBGST Act) . The appeal challenges the decision of the Assistant Commissioner of State Tax, which involved the reversal of ITC availed by the appellant. This analysis aims to dissect the legal complexities, interpretative nuances, and the broader implications of the judgment on GST jurisp ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lid tax invoice. Legal Issues and Analysis Eligibility for Input Tax Credit under Section 16(2) : Clause Interpretation : Section 16(2) outlines conditions for ITC eligibility, including possession of a tax invoice, receipt of goods/services, tax payment, and return filing. The appellant's compliance with these conditions was a focal point. Application of La ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Conditions for Reversal : The judgment underscores that before reversing ITC or demanding tax recovery from the buyer, authorities must first proceed against the defaulting seller, except in exceptional cases. Interplay of GST Provisions with Judicial Precedents : Supreme Court Decisions : References to decisions like Bharti Airtel Ltd. and Arise India Limited highlighte ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... action against the supplier before considering any recovery from the appellant. Legal Precedent : This judgment sets a significant precedent in GST jurisprudence, particularly regarding the interpretation of ITC provisions and the procedural obligations of tax authorities. Broader Implications : The ruling reinforces the principle of fairness in tax administration and undersco ..... X X X X Extracts X X X X X X X X Extracts X X X X
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