Claiming GST ITC Without Actual Supply of Goods strikes Root Intent of ITC Facility: Delhi HC

Claiming GST ITC Without Actual Supply of Goods Strikes Root Intent of ITC Facility: Delhi HC The Delhi High Court has emphasized that claiming Goods and Services Tax (GST) Input Tax Credit (ITC) without the actual supply of goods fundamentally undermines the intent of the ITC facility. The court's observation highlights the critical requirement for genuine transactions as a prerequisite for availing ITC. This ruling reinforces the government's crackdown on fraudulent ITC claims, ensuring that the tax credit mechanism is used for legitimate business activities and not for illicit gains.