Suncraft Energy Triumphs: No Unfair Tax Burden for Supplier's Slip-up

CA Kunal Jain , Last updated: 16 December 2023 Share Follow on Google News

In a landmark case, Suncraft Energy has emerged victorious against the Assistant Commissioner of State Tax, Ballygunge Charge, defying a demand for automatic reversal of input tax credit (ITC). This win sets a crucial precedent, shielding buyers like Suncraft from shouldering the consequences of the

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About the Author

CA Kunal Jain

Chartered Accountant

CA Kunal Jain, Chartered Accountant Contact me at 8920293936 Email ID KJPR.83 @ REDIFFMAIL.COM Area of Knowledge:-Income tax, Audit, Company/LLP Incorporation or closure, Business consultancy, cost management, Financing, Startups, MSME, Finance, Virtual CFO and GST Im an entrepreneurial person and a Qualifi ... Read more

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