Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Labour Laws
06/09/20264 min read
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BACL Not eligible for ITC on electricity consumed for township maintenance prior to 5-7-2022:...
GSTOther Legal Matters
The Chhattisgarh High Court has ruled that a company is not eligible for Input Tax Credit (ITC) on electricity consumed for "township maintenance" prior to July 5, 2022. The court's decision is based on a strict interpretation of the law, which only allows ITC on goods and services used for business purposes. The ruling provides clarity on a contentious issue and serves as a crucial reminder to businesses to be careful while claiming ITC on such expenses.
