Karnataka HC stays Rs. 62 crores demand, to examine validity of provisions restricting ITC on 'building-construction'

Oct 26,2020

Karnataka HC stays SCN demanding ITC of about Rs.62 crores (approx.) in writ petition challenging credit restriction u/s 17(5)(c) & (d) of CGST Act, 2017 on construction of building used for letting out wherein GST is paid on rent; Challenge is further made to (i) restriction on time-limit to avail credit in terms of Section 16(4) of CGST Act, 2017, (ii) powers u/s 164(3) of CGST Act to retrospectively amend Rules (iii) retrospective amendment to Rule 61(5) of CGST Rules,...


Subscription / Sales Enquiry

Contact Vidyadhar Mhatre at +91 93200 54016
Email - sales@taxsutra.com


Already a Subscriber?

Log in for complete access.

Log In