Rameswar Metal House Vs Assistant Commissioner, State Tax
Date: August 2, 2023
Court: High Court
Bench: Madras
Type: Writ Petition
Judge(s)/Member(s): C.SARAVANAN
Subject Matter
Blocking of ITC is justified due to alleged fraudulent transactions
Summary
The case involves a wholesale dealer in stainless steel items who purchased steel products from M/s. Kiran Distributors and passed on ineligible Input Tax Credit to numerous taxpayers. The petitioner's input tax credit was blocked twice by the CG…
FULL TEXT OF THE JUDGMENT/ORDER OF MADRAS HIGH COURT Mrs. E. Ranganayaki, learned Special Government Pleader takes notice on behalf of the respondents. 2. The petitioner, a wholesale dealer in stainless steel items appears to have purchased steel products from M/s. Kiran Distributors and resorted to have passed on ineligible Input Tax Credit to numerous tax payers including the petitioner. 3. Ther…