Court Denies Refund of Input Tax Credit During VAT to GST Transition Due to Time Limitations and Compliance Requirements.

Case-Laws – GST – Highlights – The High Court dismissed the petition seeking refund of Input Tax Credit (ITC) accrued under the Value Added Tax (VAT) regime upon transition to the Goods and Services Tax (GST) regime. The court held that Section 18(a) all

Court Denies Refund of Input Tax Credit During VAT to GST Transition Due to Time Limitations and Compliance Requirements.
Case-Laws
GST
The High Court dismissed the petition seeking refund of Input Tax Credit (ITC) accrued under the Value Added Tax (VAT) regime upon transition to the Goods and Services Tax (GST) regime. The court held that Section 18(a) allows carrying forward ITC from the VAT regime to be availed as set-off under GST for inputs held in stock. However, Section 18(2) pro

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =