Input tax credit — tax rulings

Karnataka High Court10 Aug 2026

For assessee

Shakti Enterprises v. Principal Commissioner of Central Tax

Where petitioner, after transitioning valid CENVAT credit into Electronic Credit Ledger, discharged appeal pre-deposit by debiting this credit, such payment constituted valid compliance as there was no statutory mandate restricting mode to cash, and CBIC administrative instruction could not override statutory provisions or vested credit rights, thus Tribunal’s rejection of such pre-deposit ground was unsustainable and same was to be quashed

Karnataka High Court10 Aug 2026

For assessee

Shakti Enterprises v. Principal Commissioner of Central Tax

Himachal Pradesh High Court31 Jul 2026

For assesseeRemanded

Vasanta Resorts and Spa (P.) Ltd. v. Union of India

Where retrospective amendment to Section 17(5)(d) was challenged by filing belated appeal, though Appellate Authority lacked power to condone delay beyond statutory limit, High Court set aside dismissal of appeal as time-barred and remanded matter for fresh decision on merits

Telangana High Court30 Jun 2026

For revenue

Trident Fine Chem and Laboratories v. Assistant Commissioner of Central Tax

Where petitioner challenged denial of ITC and garnishee notices via writs citing belated GSTR filings, non- hearing, and retrospective ITC amendment, remedy lay in filing statutory appeals with pre-deposit and delay- condonation plea, appellate authority was to consider delay and decide on merits, all legal and factual grounds reserved for appellate adjudication

Telangana High Court15 Jun 2026

For assesseeRemanded

Seven Star Mining Agencies LLP v. Assistant Commissioner of Central Tax

Where petitioner challenged validity of Section 16(2)(c) and Order-in-Original due to non-issuance of show cause notice which fact was discovered only after garnishee recovery proceedings were initiated, assessee should file statutory appeal