Tata Steel Limited Vs Union of India
Date: August 20, 2023
Subject Matter
Explanation inserted in Rule 89(4) vide Notf 14/2022-CT is not clarificatory in nature and will have a prospective effect
Summary
The Jharkhand High Court has ruled that the explanation inserted in Rule 89(4) of CGST Rules, 2017 is not clarificatory in nature and will have a prospective effect. The petitioner in this case had availed Input Tax Credit (ITC) of the compensation c…
FULL TEXT OF THE JUDGMENT/ORDER OF JHARKHAND HIGH COURT 2. Since common issue is involved in all these writ applications and pertains to the same assessee for different period, as such all are being heard together and disposed of by this common judgment. For brevity; the facts of W.P.(T) No. 1719 of 2022 are being referred herein. The petitioner has prayed for the following reliefs; (i) For…