TMI BlogPetition dismissed by High Court regarding reversal of input tax credit. Court found it was not a case...Petition dismissed by High Court regarding reversal of input tax credit. Court found it was not a case where authorities proceeded on assumption that input tax credit was wrongly availed by buyer despite existence of seller/supplier. Factual dispute raised, not jurisdictional issue or violation of natural justice principles. Petitioner granted liberty to pursue alternative remedy. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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