Bonafide Purchaser Not Liable for Buyer’s GST Irregularities, Purchaser’s Responsibility Limited to Prove Genuineness of Transaction: Andhra Pradesh HC

The High Court of Andhra Pradesh has clarified that a bonafide purchaser cannot be held liable for the Goods and Services Tax (GST) irregularities of the seller. The court clarified that the responsibility of the purchaser is limited to proving the genuineness of the transaction and ensuring compliance with the GST Act.

Source: www.taxscan.in