Calcutta High Court Stays Demand Order Confirming Payment Reversal Of ITC Due To Cancellation Of Supplier's Registration

The Calcutta High Court has stayed an order demanding payment reversal and Input Tax Credit (ITC) cancellation pending an appeal by a supplier against cancellation of their GST registration. The court ruled in favor of the supplier, holding that the demand order and ITC cancellation should be stayed until the appeal is decided. This decision provides interim relief to the supplier, emphasizing procedural fairness and the right to appeal under GST laws.