Tax credit blocked by authorities, High Court intervenes. Petitioner to deposit 25% tax, submit objections within 4 weeks.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....The High Court set aside the impugned order dated 27.11.2023 which had blocked the input tax credit availed by the Petitioner based on invoices raised by their Supplier u/s 17(5). The Petitioner agreed to deposit 25% of the disputed tax within four weeks. The impugned order shall be treated as a show cause notice, and the Petitioner shall submit objections along with supporting documents/material within four weeks from the receipt of the order. The petition was disposed of.....