2025 (1) TMI 1302

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..... For the RESPONDENTS: By Adv. Dr. Thushara James, Senior Government Pleader. JUDGMENT Petitioner challenges the order of assessment dated 23.12.2023 with respect to the assessment year 2017-2018. As per the impugned order, petitioner was found to have utilised Input Tax Credit in excess and hence a liability to the extent of Rs.19,94,818/-, was imposed on it under Section 73 of the Central G .....

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..... GST. 3. In the instant case, a perusal of the order of assessment produced as Exhibit-P2 reveals that the alleged mistake committed by the petitioner is by availing the benefit of Input Tax Credit available in IGST, under the heads CGST and SGST. The said method of availing ITC cannot be said to be a wrong availment of Input Tax Credit warranting the imposition of any penalty as observed in the a .....

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