Luminous Power Technologies Private Limited Vs State Tax Officer (Madras High Court)
Date: July 25, 2023
Subject Matter
Issuance of Credit Note or Debit Note would arise, only after delivery is taken and the goods are thereafter returned
Summary
The ruling involves a case where goods were being returned without being received by the recipient due to them getting wet during transportation. The petitioner generated fresh e-way bills and re-transported the goods to its factory. However, the goo…
FULL TEXT OF THE JUDGMENT/ORDER OF MADRAS HIGH COURT The petitioner has challenged the impugned notice dated 30.12.2022 issued under Section 129(3) of the Central Goods and Services Tax (CGST) Act, 2017 read with the Tamil Nadu Goods and Services Tax (TNGST) Act, 2017, seeking to impose the penalty on the petitioner. 2. Relevant portion of the impugned notice reads as under:- “2. The g…