https://www.taxtmi.com/caselaws?id=439659 The HC held that the petitioner is entitled to claim reimbursement of the input tax credit (ITC) availed on steel purchases used to pay output GST on supplies to the Railways. The court emphasized that GST is a destination-based, value-added tax allowing seamless credit of taxes paid at earlier stages. The petitioner's use of ITC from its electronic credit ledger to discharge output tax does not preclude reimbursement. The Railways, as the final consumer, must bear the ultimate tax burden. Denying reimbursement on the ground that output tax was paid via ITC would contradict GST's framework. The petitioner's price variation claims (PVC) must include GST paid through ITC, and the Railways are directed to settle these claims per contract terms within one month of judgment service. The petition was disposed accordingly. en-us Mon, 26 Jun 2023 00:00:00 +0530 Tue, 05 Aug 2025 14:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=439659 The HC held that the petitioner is entitled to claim reimbursement of the input tax credit (ITC) availed on steel purchases used to pay output GST on supplies to the Railways. The court emphasized that GST is a destination-based, value-added tax allowing seamless credit of taxes paid at earlier stages. The petitioner's use of ITC from its electronic credit ledger to discharge output tax does not preclude reimbursement. The Railways, as the final consumer, must bear the ultimate tax burden. Denying reimbursement on the ground that output tax was paid via ITC would contradict GST's framework. The petitioner's price variation claims (PVC) must include GST paid through ITC, and the Railways are directed to settle these claims per contract terms within one month of judgment service. The petition was disposed accordingly. Case-Laws GST Mon, 26 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=439659