Muthoot Finance Limited Vs Union of India

Date: September 2, 2024

Court: High Court
Bench: Kerala
Type: Writ Petition
Judge(s)/Member(s): GOPINATH P
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Subject Matter

Unutilized Cess Credits Not Refundable Nor Transitionable to GST Regime

Input Tax CreditTransition

Summary

The High Court has dismissed the writ petition, holding that the petitioner is not entitled to a refund or transition of unutilized Education Cess (EC), Secondary and Higher Education Cess (SHEC), and Krishi Kalyan Cess (KKC) to the Goods and Service…

FULL TEXT OF THE JUDGMENT/ORDER OF KERALA HIGH COURT The petitioner is a Public Limited Company incorporated under the provisions of the Companies Act, 1956. It is engaged in financing, providing personal and business loans upon the security of gold. For the period from April 2017 to June 2017, the petitioner had filed returns under the provisions of the Finance Act, 1994 disclosing payment of Ser…

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