Case Law Details
Case Name : JSW Steel Ltd. Vs Union of India & Others (Orissa High Court)
Appeal Number : W.P. (C) No. 10052 of 2022
Date of Judgement/Order : 17/05/2022
Related Assessment Year :
Courts :
All High Courts Orissa High Court
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JSW Steel Ltd. vs. Union of India (Orissa High Court)
Odisha HC – Input Service Distributor can claim input tax credit only in the case of an inward supply, and an input tax credit transfer from one state to another is not an inward supply.
Judgement
The Odisha High Court ruled that since no such supply being shown to have been made by JSW Odisha to JSW ISD Maharashtra, no prima facie case is made out by the Petitioner. Thus transactions in question prima facie amount to siphoning of tax amounts, therefore, apparently warrant invocation of proceeding under Section 74 of the OGST/CGST Act.
Fact of the case
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