GST DAILY – 292

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Audit can be conducted even after cancellation of registration if tax liability subsists: HC

THE HON’BLE RAJASTHAN HIGH COURT IN THE CASE OF ASHOKA FABRICAST PVT. LTD. V/s UNION OF INDIA D.B. Civil Writ Petition No. 2859 of 2024, decided on 1-5-2024

 👉 Issue:-

✔️ Is the Audit notice and assessment order valid if issued after cancellation of registration?

👉 The Hon’ble High Court Judgement:-

✔️ Audit notice and assessment order for period when assessee/petitioner was GST registered are valid even if issued after cancellation of registration, assessee/petitioner who fraudulently availed ITC before cancelling registration not entitled to relief.

Sections 29(3) read with section 65 of Central Goods and Services Tax Act, 2017