Deendayal Port Authority Vs Union of India & Ors
Date: December 10, 2024
Subject Matter
Interest leviable on ineligible ITC transitioned from the pre-GST regime. Penalty under section 74(1) has been set aside.
Summary
The petitioner, a government entity previously registered under the service tax regime, sought to reclaim certain amounts related to its input tax and penalties following the transition to the Goods and Services Tax (GST) regime. After filing its qua…
1. Heard learned advocate Mr. Sanket Gupta for learned advocate Mr. Anand Nainawati for the petitioner and learned advocate Mr. C.B. Gupta for the respondents. 2. Having regard to the controversy involved in this matter, which is in a narrow compass, with the consent of the learned advocates for the respective parties, the matter is taken up for hearing. 3. Rule returnable forthwith. Learned advoc…