Sterlite Power Transmission Ltd. Vs Additional Commissioner (Appeals)
Date: December 11, 2024
Subject Matter
Refund for unutilized ITC is not allowed except in specific circumstances under section 54(3)
Summary
In this case, the petitioner, a registered taxpayer under GST, had their electronic credit ledger blocked by the State GST authorities during March 2021 due to discrepancies in their tax returns. After an investigation, the credit was unblocked on Ju…
FULL TEXT OF THE JUDGMENT/ORDER OF TRIPURA HIGH COURT Heard Mr. Anil Kr. Bezawada, learned counsel for the petitioner, Mr. Paramartha Datta, learned counsel for the respondents-CGST and Mr. Kohinoor N. Bhattacharyya, learned Government Advocate for the respondents-State. 2. Petitioner is a registered taxpayer under the Goods & Services Tax Department vide registration No.16AAVCS7209P1ZE. Durin…