https://www.taxtmi.com/highlights?id=89078 HC allowed the petition challenging Exhibit-P1 and Exhibit-P2 orders related to ITC disallowance. Relying on the precedent in Rejimon Padickapparambil Alex v. UOI, the court held that electronic credit ledger represents a tax fund with distinct compartments for CGST, IGST, and SGST. The impugned orders were set aside, directing the respondent to reconsider the matter in light of the established legal principles, effectively providing relief to the petitioner by mandating a comprehensive reevaluation of the original tax credit determination. en-us Wed, 04 Jun 2025 08:40:40 +0530 Wed, 04 Jun 2025 08:40:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=89078 HC allowed the petition challenging Exhibit-P1 and Exhibit-P2 orders related to ITC disallowance. Relying on the precedent in Rejimon Padickapparambil Alex v. UOI, the court held that electronic credit ledger represents a tax fund with distinct compartments for CGST, IGST, and SGST. The impugned orders were set aside, directing the respondent to reconsider the matter in light of the established legal principles, effectively providing relief to the petitioner by mandating a comprehensive reevaluation of the original tax credit determination. Highlights GST Wed, 04 Jun 2025 08:40:40 +0530 https://www.taxtmi.com/highlights?id=89078