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ITC Becomes Vested Right Only If The Conditions Are Fulfilled: Calcutta High Court

The Calcutta High Court has held that the input tax credit (ITC) under Section 16(1) of the GST Act becomes a vested right only if the conditions to take it are fulfilled.The bench of Chief Justice. ....

West Bengal , Justice Hiranmay Bhattacharyya , Vinay Shraff , Justice Ts Sivagnanam , Services Tax , Calcutta High Court , Central Goods , Services Tax Act , West Bengal Goods , Sub Section , For Petitioner ,