Reversal of excess input tax credit availed - bonafide mistake - ...

GST

March 29, 2024

Reversal of excess input tax credit availed - bonafide mistake - The petitioner argued that the incorrect claiming of IGST instead of CGST was a bonafide mistake and should not lead to the disallowance of the input tax credit. However, the Court held that since the petitioner failed to move any application within the prescribed time limit for correcting the mistake or claiming the refund of the IGST, it could not intervene to amend the statutory provisions.

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Reversal of excess input tax credit availed - bonafide mistake - ...

GST

March 29, 2024

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