TMI Blog2021 (1) TMI 967X X X X Extracts X X X X X X X X Extracts X X X X ..... prietor of M/s Allied Enterprises and had purchased the goods amounting to about ₹ 32 Crore and got 4.97 Crore of input tax credit and the department is investigating the matter. If the petitioner is found to be correct, he should have to personally produce all the documents before the department and would also raise his grievance as to why he is not appearing before the department but he fa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r Sections 67 and 70 of the Central Goods and Services Tax Act, 2017. Learned counsel for the petitioner submits that the petitioner is co-operating with the Revenue Department and submitted all the necessary information along with record. All the transactions made by the petitioner are valid. No recovery is to be effected from the petitioner. It is further submitted that petitioner is sufferin ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of goods from M/s Jackson Enterprises valued at ₹ 27,65,69,486/- and on the said purchases, M/s Allied Enterprises has availed input tax credit amounting to ₹ 4,97,82,507/- which appears irregular. Further, M/s Allied Enterprises has shown purchase of goods valued at ₹ 1,03,86,150/- from M/s Sigma Enterprises and on the said so-called purchases, M/s Allied Enterprises has availe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... al available on the record. As per rejection bail order petitioner is proprietor of M/s Allied Enterprises and had purchased the goods amounting to about ₹ 32 Crore and got 4.97 Crore of input tax credit and the department is investigating the matter. If the petitioner is found to be correct, he should have to personally produce all the documents before the department and would also raise ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
