Delhi HC says entire concept of GST getting defeated by Input Tax Credit

The Delhi High Court today observed that the entire concept of the Goods and Services Tax (GST) is getting defeated by the input tax credit while hearing a petition by a businessman seeking protection from arrest in a case of alleged wrongly/illegally availed of Input Tax Credit.  The petition has also challenged the vires of various provisions of the Central Goods and Services Tax Act, 2017.…