E-Way Bill Stamped at Interception Confirms Goods Movement: Allahabad HC upholds ITC Claim Despite Supplier’s GST Reg. Cancelled After Transaction

The Allahabad High Court has upheld an ITC claim, ruling that an "e-way bill stamped at interception confirms goods movement," despite the supplier's GST registration being cancelled after the transaction. The court's decision provides a significant victory for the taxpayer. The ruling clarifies that a taxpayer can claim a tax credit on a transaction that is a bona fide transaction.