Transition of ITC cannot be denied merely for technical difficulties

Vetrivel Explosives Pvt. Ltd. Vs Union of India (Madras High Court) Judgement The Madras High Court has held that credit which remained unutilized on the date of accident in the regular returns filed by the Petitioner, shall be allowed to the Petitioner either by way of suitable credit entry in the electronic cash register of the Petitioner or by way of cash refund to the Petitioner. Fact of the case Petitioner was engaged in manufacture of explosives and that there was a huge fire accident on 01.12.2016, which resulted closing of factory for a period about two years i.e. during subsumption of...