This piece aims to argue to the contrary by characterizing ITC as a statutory right granted to taxpayers by the CGST Act.

Author analyzes the confrontational approach of tax authorities towards foreign investment in India, focusing on the principle purpose test.

[Rajat Gupta is a lawyer based in Haryana and deals with GST matters. He may be reached at gupta.rajat853@gmail.com.] On May 11, 2018,...