GST DAILY – 423 : ITC cannot be claimed if the supplier issued invoices without actual receipt of goods: HC

THE HON’BLE MADRAS HIGH COURT IN THE CASE OF T.S.R. Trading Company V/s Commissioner of Commercial Taxes, decided on 30-10-2024

👉 Issue:-

✔️ Can ITC be claimed if the supplier issued invoices without actual receipt of goods?

👉 The Hon’ble High Court Judgement:-

✔️ Where transactions between petitioner-assessee and supplier could not be genuine as they were based on tax invoices issued without actual receipt of goods or service or both, therefore, in view of above, challenge to order of assessment declining ITC to petitioner-assessee stood rejected and writ petition was disposed of.

Section 16 of Central Goods and Services Tax Act, 2017