IGST Credit used for CGST & SGST Payments Leads Tax flow to West Bengal: Calcutta HC sets aside AO passed under WBGST Act [Read Order]
Deputy Commissioner of Revenue wrote instructions confirming that the amount of Rs.63,71,353, which was utilised as ITC for payment of SGST, had indeed been transferred to the Government of West Bengal
By Navasree A.M - On June 4, 2024 7:28 pm - 2 mins read
The Calcutta High Court has set aside the GST (Goods and Services Tax) Assessment Order passed under the West Bengal GST Act. The court noted that the IGST credit was utilised by the assessee for the payments of CGST and SGST, in which the SGST payment subsequently flowed to the State of West Bengal. The…
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