https://www.taxtmi.com/caselaws?id=758357 Recovery notices for GST arrears arising from best judgment assessments under the Tamil Nadu GST Act were challenged on the basis that input tax credit had not been allowed while computing the demand. The court noted that the assessment was founded on GSTR-2A data, that the law as then applied did not grant input tax credit, and that the Finance Act, 2024 introduced Sections 16(5) and 16(6) of the CGST Act with a corresponding State amendment expected. The notices were set aside and the matter was remitted for fresh consideration on merits in accordance with law, with the availability of input tax credit to be addressed in the reassessment. en-us Thu, 22 Aug 2024 00:00:00 +0530 Fri, 09 May 2025 21:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=758357 Recovery notices for GST arrears arising from best judgment assessments under the Tamil Nadu GST Act were challenged on the basis that input tax credit had not been allowed while computing the demand. The court noted that the assessment was founded on GSTR-2A data, that the law as then applied did not grant input tax credit, and that the Finance Act, 2024 introduced Sections 16(5) and 16(6) of the CGST Act with a corresponding State amendment expected. The notices were set aside and the matter was remitted for fresh consideration on merits in accordance with law, with the availability of input tax credit to be addressed in the reassessment. Case-Laws GST Thu, 22 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=758357