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…
Wrongful ITC Claim: Calcutta HC Exempts Wilhelmsen Port Services from Paying 10% Disputed Tax Observing Revenue Neutrality
The Calcutta High Court exempted Wilhelmsen Port Services from paying 10% of the disputed tax, observing revenue neutrality. This decision addresses a case involving a wrongful Input Tax Credit (ITC) claim. The court's ruling considers the principle of revenue neutrality. It ensures that the tax authorities do not unjustly benefit. This order provides clarity on ITC claims.