2021 (8) TMI 1431 - SCH - GST

Transitional Credit/adjustment of excess of input tax credit against future liabilities of the petitioner - purchase of cartridge - unjust enrichment - financial year 2007-08 and 2011-12 - credit reflected in the ledger - whether the credit reflected in the electronic credit ledger of the petitioner amounts to either availment or utilization of the credit? - it was held by High Court that The order dated 6.11.2018 passed by the respondent no.3 the Assistant Commissioner of State Taxes in purported exercise of power vested in him under section 73 of the BGST Act is held per se illegal and an abuse of the statutory jurisdiction and is accordingly quashed and set aside. HELD THAT - It is not required to interfere in this Special Leave Petition. SLP disposed off.

Summary

In the Supreme Court of India, Justices A.M. Khanwilkar and Sanjiv Khanna presided over a case involving a Special Leave Petition filed by the petitioner, represented by Mr. Manish Kumar. The Court decided to condone the delay in filing but declined to interfere with the petition, opting to dispose of it without addressing the merits. The judgment leaves all questions of law open for future consideration. Any pending applications related to the case were also disposed of.