Courts have increasingly held that Input Tax Credit cannot be denied to bona fide taxpayers merely because suppliers failed to pay GST. Authorities must prove fraud or collusion before disallowing ...

The Madras High Court upheld the blocking of Input Tax Credit under Rule 86A after the Managing Director admitted availing ITC on blocked invoices during inspection. The Court ruled that such ...

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COLUMBUS — A former fiscal officer for the Village of New Concord was sentenced to seven years in prison and ordered to pay restitution of $491,880.75 after admitting to the theft of more than ...