NITYA Tax Associates is proud to present their recent write-up in the ‘Article’ series on trending indirect tax issues. A gist of the next article in the series is as under:

Article 64 – “Madras High Court judgment: Reading down Section 16(2)(c) of the CGST Act?”

 Madras High Court vide its recent verdict in case of DY Beathel Enterprises v. STO, 2021 (3) TMI 1020 – Madras High Court has quashed orders for recovery of ITC from buyer upon non-payment of tax by seller. The judgement has brought together industry experts and taxpayers to deliberate whether the same would apply to all bonafide taxpayers.

Through this article, Our Partner, Mr. Deepak Suneja, Managing Associate, Ms. Aasmee Mangla and Associate Ms. Rubel Bareja have analyzed the relief granted by Court, its applicability for other taxpayers and way forward.

Please click on the below link to read our latest article titled “Madras High Court judgment: Reading down Section 16(2)(c) of the CGST Act?“ on the issue.

NITYA I Article 64 I Madras High Court judgment -Reading down Section 16(2)(c) of the CGST Act