M/s LGW Industries Ltd. & Others v. Union of India & Others

The petitioners, M/s LGW Industries Limited and its Managing Director, Mr. Bharat Gupta, challenged the action of the GST authorities seeking reversal of Input Tax Credit (ITC) amounting to approximately ₹1.18 crore.

The dispute arose because LGW Industries had purchased goods from suppliers who were duly registered under the GST law at the time of the transactions. The purchases were supported by valid tax invoices, payments through banking channels and the corresponding credits were reflected in GSTR-2A.