Refund of ITC Barred After Amalgamation Once Scheme Is Approved: Gujarat HC

Alstom Transport India Limited Vs Additional Commissioner (Gujarat High Court)

Once the amalgamation scheme is approved, no refund application for amalgamating company post sanction- Gujrat high court dismissed the petition.

In recent case of ALSTOM TRANSPORT INDIA LIMITED Versus ADDITIONAL COMMISSIONER, CGST AND CENTRAL EXCISE (APPEALS) & ORS., Gujrat High court held that, operational deficiency cannot bypass the regulating provision. Once the scheme of amalgamation is approved by the NCLT, all the statutory provisions such of new regis

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