Kerala HC Orders Fresh Review of ITC Denial, Says Case Involves Reconciliation Not Tax Evasion

Rakkimuthu Ramesh Vs Asst. Commissioner of State Tax (Kerala High Court)

The Kerala High Court held that no willful tax evasion could be alleged where a supplier reported a sale in March while the purchaser claimed input tax credit (ITC) in April returns due to receipt of goods in the subsequent financial year. The petitioner, a registered taxpayer engaged in the business of plastic, purchased goods on 30.03.2018 and 31.03.2018 from an out-of-State supplier. Although the purchases were effected in March 2018, the goods were received only in April 2018, falling with

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