Allahabad HC Addresses ITC Blockade in Amarnath Trading Company vs. State of U.P.

Amarnath Trading Company Vs State Of U.P. And 2 Others (Allahabad High Court) In a recent case before the Allahabad High Court, Amarnath Trading Company took on the State of Uttar Pradesh, challenging an order that blocked Input Tax Credit (ITC) worth Rs. 53,61,832. The contentious order, dated 10.10.2023, was issued by the Assistant Commissioner (Special Investigation Branch), State Tax, Range-B, Ghaziabad, invoking Rule 86A of the Uttar Pradesh Goods and Services Tax Rules, 2017. Key Points of the Case: 1. Grounds of Challenge: The petitioner, represented by Shri Praveen Kumar, contested th...