The Gujarat High Court has held that the GST Department wrongly classified stock, premises insurance policy as motor vehicle insurance, so the input tax credit (ITC) cannot be denied. The bench Justice Bhargav D. Karia and Justice Pranav Trivedi has set aside a demand order and bank attachment issued against Arraycom (India) Limited after finding…
GST Dept. Wrongly Classified Stock, Premises Insurance Policy as Motor Vehicle Insurance; ITC Can’t Be Denied: Gujarat HC
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Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.
