Jharkhand HC Quashes ITC Rejection Due to Subsequent Amendment in Section 16(5)

Emotions Transmission Pvt. Ltd. Vs Union of India (Jharkhand High Court) In, the petitioner challenged the Order-in-Original dated 26.07.2023 and the consequential Form GST DRC-07 issued by the GST authorities, whereby Input Tax Credit (ITC) amounting to Rs.8,48,496/- for Financial Year 2018-19 was rejected under Section 73(9) of the CGST Act, 2017. The petitioner was also directed to reverse the ITC along with interest under Section 50 and penalty under Section 122(2)(a) on the ground that GSTR-3B returns for July 2018 to March 2019 had been filed beyond the due date prescribed under Section ...