2024 (3) TMI 782

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..... ax Credit and reversal thereof - respondents fairly states that there has been an amendment made in the Finance Act, 2022 in Section 50(3) with retrospective effect from 1st July, 2017 which entitles the petitioner not to pay the interest on the Input Tax Credit availed and reversed but the same has not been utilized - HELD THAT:- The present writ petition is allowed and the impugned order dated 1 .....

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..... 325 (Punjab Haryana) and order dated 13.12.2022 in the Writ Petition No. 2654 of 2020, M/s. Larsen Toubro Limited vs. State of West Bengal Ors. Learned counsel for the respondents fairly states that there has been an amendment made in the Finance Act, 2022 in Section 50(3) with retrospective effect from 1st July, 2017 which entitles the petitioner not to pay the interest on the Input Tax Credit av .....

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