Larsen & Toubro Limited Vs State of West Bengal
Date: December 12, 2022
Subject Matter
Interest is not payable when the wrongly claimed ITC has not been utilized and has been reversed
Summary
The petitioner challenged a communication asking them to pay interest as per Section 50 of the WBGST Act, 2017 for wrongly claiming ITC under the same act. The petitioner argued that the interest should not be payable as the wrongly claimed ITC had n…
FULL TEXT OF THE JUDGMENT/ORDER OF CALCUTTA HIGH COURT Heard learned advocates appearing for the parties. By this writ petition petitioner has challenged the impugned communication dated 2 nd May, 2018 being annexure P/5 to the writ petition by which the petitioner has been asked to pay interest as per Section 50 of the WBGST Act, 2017 on the ground that the petitioner has wrongly claimed ITC unde…