Case LawW.P.No.22854 of 2023
Sri Renga Timbers Vs Assistant Commissioner
- Court:
- High Court
- Bench:
- Madras
- Date:
- August 16, 2023
- Type:
- Writ Petition
- Members:
- C.SARAVANAN
Subject
Validly availed credit cannot be denied, even if there were mistakes in the returns
Input Tax CreditTransition
Summary
This is a case where M/s. Sri Renga Timbers had mistakenly filed the TRAN-1 returns twice. The Madras High Court quashed the order denying credit to the assessee and held that validly availed credit cannot be denied, even if there were mistakes in th…
Judgement
FULL TEXT OF THE JUDGMENT/ORDER OF MADRAS HIGH COURT The Petitioner has challenged the impugned communication dated 27.02.2023 of the first respondent herein. 2. By the aforesaid communication, the first respondent has disallowed the transitional credit of Rs.89,88,498/- as claimed under Table7(a)7(A)/7.a.A in the revised FORM GST TRAN-1 filed by the petitioner under Section 140 of Central Goods a…