Umicore Autocat India Private Limited Vs Union of India
Date: July 9, 2025
Subject Matter
GSTN to develop a mechanism on the portal to facilitate inter-state ITC transfers in merger/amalgamation scenarios
Summary
This writ petition involved Umicore Autocat India Private Limited challenging the restriction on transferring unutilized Input Tax Credit (ITC) from its amalgamated company, Umicore Anandeya India Private Limited, because the transferor and transfere…
FULL TEXT OF THE JUDGMENT/ORDER OF BOMBAY HIGH COURT 1. The Petition filed by the Umicore Autocat India Private Limited has raised a challenge to the action of the Respondents in restricting the transfer of the un-utilized Input Tax Credit [ITC] on account of merger/amalgamation, under Section 18(3) of the Central Goods and Services Tax Act, 2017 [hereinafter referred to as the CGST Ac…