https://www.taxtmi.com/caselaws?id=441593 The AAAR, West Bengal dismissed the appeal regarding ITC reversal on alcoholic liquor sales. The authority held that appellant must reverse ITC under Section 17(2) read with Rule 42 of GST Rules, 2017 for alcoholic liquor sales for human consumption. The court clarified that while alcoholic liquor constitutes "goods" under constitutional definition, it remains non-taxable under GST Act Section 9, making it an exempt supply under Section 2(47). Since ITC is meant for output tax payment and alcoholic liquor is non-taxable, ITC cannot be allowed for such supplies, requiring reversal to the extent of exempt turnover. en-us Mon, 31 Jul 2023 00:00:00 +0530 Fri, 18 Apr 2025 15:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=441593 The AAAR, West Bengal dismissed the appeal regarding ITC reversal on alcoholic liquor sales. The authority held that appellant must reverse ITC under Section 17(2) read with Rule 42 of GST Rules, 2017 for alcoholic liquor sales for human consumption. The court clarified that while alcoholic liquor constitutes "goods" under constitutional definition, it remains non-taxable under GST Act Section 9, making it an exempt supply under Section 2(47). Since ITC is meant for output tax payment and alcoholic liquor is non-taxable, ITC cannot be allowed for such supplies, requiring reversal to the extent of exempt turnover. Case-Laws GST Mon, 31 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=441593