Default committed by Supplier: Gauhati HC stays SCN seeking Reversal of ITC [Read Order]

The Gauhati HC stayed the operation of SCN seeking reversal of ITC as there was default committed by the supplier

By Kalyani B. Nair - On February 12, 2024 11:10 am - 2 mins read

Gauhati High Court - Show cause notice - Input tax credit - Supplier default reversal - ITC reversal SCN - TAXSCAN

The Gauhati High Court stayed the operation of a show cause notice ( SCN ) seeking reversal of input tax credit ( ITC ) as there was default committed by the supplier. The petitioner in this writ petition has challenged a Show Cause Notice dated 11.01.2024 issued under Section 73[1] read with Section 50 of…

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