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ITC Relief to Bona Fide Buyers: S. 16(2)(c) and R. 36(4) Read Down to Allow ITC To Bonafide Recipients from Supplier Default: Karnataka HC

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The Karnataka High Court has read down Section 16(2)(c) of the CGST Act and Rule 36(4) of the CGST Rules to allow the benefit of ITC to bonafide recipients which has complied with all other conditions under Section 16(2) of the CGST Act despite any fault / lapse or non-payment of tax to the government…

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Nikhil Bhandari
Nikhil Bhandari
Nikhil Bhandari is a Chartered Accountant and a Indirect Tax professional with over 4.5 years of post-qualification experience in tax advisory, compliance management, and tax process optimization. Associated with SDU LLP since August 2015 spanning his articleship through to his current role as Assistant Manager Nikhil has uniquely navigated India’s transition from the legacy tax regime into the GST era.His expertise encompasses both strategic advisory and Indirect Tax litigation, where he represents clients in complex disputes across the manufacturing, service, and e-commerce sectors. By providing high-level counsel to corporate leadership, he ensures that tax positions are not only robust and compliant but also structured for long-term operational efficiency.Beyond his core practice, Nikhil is a proactive contributor to the GST ecosystem. He is dedicated to tracking and analyzing judicial precedents from various High Courts and the Supreme Court, fostering greater clarity and ease of access to tax intelligence for the wider professional community.

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