Madras HC Directs Reconsideration of Blocked ITC Claim Within Four Weeks

V V Steels Vs Assistant Commissioner of GST (Madras High Court) The Madras High Court disposed of a Writ Petition filed by V V Steels (Petitioner), which is assessed with the Assistant Commissioner of GST and Central Excise (First Respondent). The issue arose because the Petitioner had transactions with a supplier named PSN Traders, which falls under the jurisdiction of the State Authority (Second Respondent). Proceedings were initiated against PSN Traders on the ground that the firm was operating without physical presence, making its registration liable for cancellation. Based on this input, ...