Part-155-One Pager Snapshot to Cases on Section 16, 54,161 of CGST Act, 2017 and HSN 9986

-Finding recorded for ITC denial cryptic as it only states that supplier’s registration cancelled, but no date of cancellation mentioned to demonstrate whether transaction took place prior to cancellation or subsequently

-CBIC Circular No. 16 Dt 15-11-2017, cannot under the guise of clarification amend the notification No.12 of 2017 so as to delete ‘tea’ as an agricultural produce from the ambit of exemption

-Neither permissible for Appellate Authority to overlook Rule as it stood nor disregard Circular Dt 31-03-2020

-Revenue directed to consider the rectification application for correcting the error of claiming ITC in IGST instead of CGST and SGST and pass necessary order in accordance with law