2024 (10) TMI 1591

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..... s: Mr. Ramesh Kutty Senior Standing Counsel ORDER An assessment order dated 29.12.2023 is assailed primarily on the ground that the assessing officer failed to act in accordance with the mandate under Section 5 of the Central Goods and Services Tax Act 2017 (the CGST Act) read with press release dated 04.05.2018. 2. Pursuant to audits carried out by the respondents and observations made pursu .....

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..... nput tax credit should not be reversed automatically merely on the ground that the seller did not remit taxes. He also refers to and relies upon the judgment of the Division Bench of Calcutta High Court in Suncraft Energy Private Limited and Another v. The Assistant Commissioner, State Tax, Ballygunge Charg & Others, judgment dated 02.08.2023 in MAT 1218 of 2023. 4. Mr. Ramesh Kutty, learned seni .....

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