Manissery Jayachandran Vs Union of India
Date: January 23, 2025
Subject Matter
Credit Ledger should be considered a unified pool of funds and not compartmentalized by tax heads (CGST, SGST, IGST)
Summary
In the case of Manissery Jayachandran Vs. Union of India, the Kerala High Court set aside both the assessment order and the appellate order that denied the petitioner Input Tax Credit (ITC) claimed under different heads in the Electronic Credit Ledge…
FULL TEXT OF THE JUDGMENT/ORDER OF KERALA HIGH COURT Petitioner challenges Exhibit-P14 order of assessment issued by the fifth respondent, apart from Exhibit-P15 order in appeal and the consequential demand made as per Exhibit-P16. 2. For the assessment year 2017-18, petitioner claims to have received various interstate inward supplies of goods as well as intrastate inward supplies. Th…