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Upholds Punjab and Haryana High Court Ruling: “Vested ITC Rights Cannot Be Arbitrarily Reduced”; Strikes Down Retrospective Restriction on Input Tax Credit Before April 1

Home - Upholds Punjab and Haryana High Court Ruling: “Vested ITC Rights Cannot Be Arbitrarily Reduced”; Strikes Down Retrospective Restriction on Input Tax Credit Before April 1

Supreme Court Upholds Punjab and Haryana High Court Ruling: “Vested ITC Rights Cannot Be Arbitrarily Reduced”; Strikes Down Retrospective Restriction on Input Tax Credit Before April 1, 2014
Posted inNews

Supreme Court Upholds Punjab and Haryana High Court Ruling: “Vested ITC Rights Cannot Be Arbitrarily Reduced”; Strikes Down Retrospective Restriction on Input Tax Credit Before April 1, 2014

Court’s Decision The Supreme Court dismissed the appeals filed by the State of Punjab, upholding the Punjab and Haryana High Court’s ruling that Rule 21(8) of the Punjab Value Added…
Posted by Rawlaw February 18, 2025

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