Eligibility for Input Tax Credit after retrospective amendment leads to quashing of assessment and remittal for fresh consideration

Eligibility for Input Tax Credit after retrospective amendment leads to quashing of assessment and remittal for fresh considerationCase-LawsGSTEligibility for Input Tax Credit was reconsidered in light of retrospective insertion of provisions into the GST

Eligibility for Input Tax Credit after retrospective amendment leads to quashing of assessment and remittal for fresh consideration
Case-Laws
GST
Eligibility for Input Tax Credit was reconsidered in light of retrospective insertion of provisions into the GST enactments, the legal basis being the Finance (No.2) Act, 2024 rendering the issue subject to fresh merits scrutiny; consequence: assessment quashed and matter remitted for re-examination of entitlement to ITC notwithstanding belate

= = = = = = = =

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

= = = = = = = =