Gujarat HC Disposes Petition Against Section 17(5) CGST Act; Allows Compliance per SC Ruling

Sankalp In & Anr. Vs Union of India & Ors. (Gujarat High Court) Gujarat High Court heard the petition filed by Sankalp In & Anr. challenging the validity of Section 17(5)(c)(d) of the Central Goods and Services Tax (CGST) Act, 2017. The petitioners argued against the restrictions imposed on input tax credit (ITC) under these provisions. However, their arguments were based on the Supreme Court’s recent ruling in Chief Commissioner of Central Goods and Service Tax & Ors. v. M/s. Safari Retreats Private Limited & Ors. (Civil Appeal No. 2948 of 2023), where the Apex Court...