TMI Blog2024 (2) TMI 855X X X X Extracts X X X X X X X X Extracts X X X X ..... tion of the relevant supplier was cancelled with retrospective effect - HELD THAT:- The contentions of the petitioner were rejected entirely on the ground that the petitioner should have proved the existence of M/s.Shikhar Technologies. The petitioner purchased goods in 2017-2018 and, at the highest, the petitioner may be called upon to produce evidence of the existence of the supplier at the rel ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... udakar For the Respondent : Mr.C.Harsha Raj, Additional Government Pleader (T) ORDER The petitioner assails an assessment order dated 30.12.2023 by which the Input Tax Credit (ITC) availed of by the petitioner was reversed on the ground that the GST registration of the relevant supplier was cancelled with retrospective effect. 2. The petitioner asserts that he had purchased goods ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... airly prevalent phenomenon that bill trading is undertaken by creating documents like tax invoices, e-way bills and the like. 5. The operative portion of the impugned order is as under: Observation of the Proper Officer: The taxpayer has made purchase from non-existent person whose registration has been cancelled with retrospective effect on 03.11.2021. If Tvl.SHIKHAR TECHNOLOGIES i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ioner may be called upon to produce evidence of the existence of the supplier at the relevant point of time. In addition, the petitioner may be called upon to prove that the transaction was genuine by providing relevant documents such as tax invoices, e-way bills, lorry receipts, delivery challans, proof for payment and the like. In the case at hand, it appears that the petitioner submitted such d ..... X X X X Extracts X X X X X X X X Extracts X X X X
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