TaxTMI Login
Just a moment...
By creating an account you can:
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All TMI Notes
of of All TMI Notes
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Court Upholds Constitutionality of Section 16(4) CGST Act; ITC Time Limit Stands, Legislative Discretion Affirmed.</h1> A high-profile case challenged the constitutional validity of Section 16(4) of the Central Goods and Services Tax Act 2017, which limits the time for claiming Input Tax Credit (ITC). The petitioner, a proprietorship firm, argued that this section violated Articles 14, 19(1)(g), and 300A of the Indian Constitution. The court ruled that Section 16(4) is constitutional, as ITC is a benefit contingent on statutory conditions. It stated that Article 19(1)(g) does not apply to juristic persons and emphasized legislative discretion in economic policy. The judgment clarifies the legislative scope in defining tax benefits.
TaxTMI 
