KJ International Vs State of Punjab And Another (Punjab and Haryana High Court)
In KJ International vs State of Punjab & Another, the Punjab and Haryana High Court allowed the writ petition challenging the order dated 26.08.2022, through which Input Tax Credit (ITC) of ₹56,18,263 was blocked by the tax authorities. The Court noted that subsequent to the issuance of show cause notices, final orders confirming the ITC demand were passed on 23.05.2023, and the petitioner had filed appeals with a 10% pre-deposit as required. Citing these developments, the Court set aside the impugned order and directed immediate unblocking of the ITC. The related civil miscellaneous application was dismissed as infructuous since the main case was already listed.
FULL TEXT OF THE JUDGMENT/ORDER OF PUNJAB AND HARYANA HIGH COURT
Prayer in the application is for preponement of date of hearing of the main case.
No order is required to be passed in the application as the main case is already listed for today.
CM is dismissed as having become infructuous
Main case
In the instant petition, petitioner seeks for quashing of order dated 26.08.2022 (Annexure P-8) whereby respondent No. 2 has blocked Input Tax Credit amounting to Rs.56,18,263/- lying in the electronic credit ledger of the petitioner.
