The Andhra Pradesh High Court has held that once a GST registration is restored, the consequential demand for reversal of closing Input Tax Credit (ITC) automatically falls, setting aside an assessment order that directs reversal of ITC exceeding Rs. 22.68 lakh. The Bench of Justice R. Raghunandan Rao and Justice T.C.D. Sekhar observed that the…
GST Registration Restoration Nullifies ITC Reversal Demand: Andhra Pradesh High Court
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Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 5+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started as a freelance tax reporter in the leading online legal news companies like LiveLaw & Taxscan.
