Jharkhand HC Remands Section 16(4) ITC Case Following Finance Act, 2024 Amendments

Vinod Udaipuri Vs Union of India (Jharkhand High Court) The Jharkhand High Court disposed of the writ petition filed by Vinod Udaipuri Vs Union of India, which challenged the constitutional validity of Section 16(4) of the Central Goods and Services Tax (CGST) Act, 2017, and sought to quash an order disallowing Input Tax Credit (ITC). The Core Issue The petitioner sought to challenge the disallowance of Rs. 30,29,010 in ITC for the period July 2018 to March 2019, imposed along with interest and an equal penalty. The disallowance was based on the petitioner’s alleged violation of §16(4),...