Gujarat HC to Hear GST Plea on Expired Drug ITC

Eris Lifesciences Ltd. Vs Union of India & Ors. (Gujarat High Court) The Gujarat High Court is set to review a petition from Eris Lifesciences Ltd. challenging a tax demand of ₹1,28,52,421. The demand, confirmed by both the original and appellate orders, is for the reversal of Input Tax Credit (ITC) on pharmaceutical products that were returned to the company after their expiration date. The core of the petitioner’s argument is that once these expired drugs are returned, they are subsequently destroyed as per guidelines from the Central Drugs Standard Control Organization. The company ...