Denial of ₹26.95 Lakh ITC: Delhi HC Refuses Writ, Grants Liberty to File Appeal

Soham Industries Vs Central Goods And Service Tax (Delhi High Court) Delhi High Court has declined to entertain a writ petition filed by Soham Industries, challenging an order that denied Input Tax Credit (ITC) worth Rs. 26,95,895/- and imposed equivalent penalties, along with interest. The Court, in its ruling, directed the petitioner to avail the statutory appellate remedy, emphasizing that writ jurisdiction is an extraordinary recourse not to be invoked when alternative effective remedies exist. The case, heard via hybrid mode, involved an impugned order dated December 31, 2024, issued by t...