We are pleased to announce the publication of our insightful article, “Recipients Need Not Reverse Input Tax Credit When Supplier’s Registration is Cancelled from a Retrospective Date”, in the esteemed Dainik Vishwamitra on 11th May 2024, featured prominently on Page 10.
In this article, we delve into the nuanced issue surrounding the reversal of Input Tax Credit (ITC) when a supplier’s GST registration is cancelled with retrospective effect. Through an in-depth analysis, we present several strong legal arguments, backed by relevant case law, that demonstrate how recipients can challenge the requirement to reverse ITC under such circumstances.
This piece aims to provide clarity and legal perspectives that will greatly benefit business owners, tax professionals, and GST practitioners. By offering a well-supported defense, it equips readers with the necessary tools to safeguard their interests in situations involving the retrospective cancellation of GST registrations.
We invite you to explore the full article, which will undoubtedly prove to be an invaluable resource in navigating the complexities of GST compliance.
