Quick Summary
The Supreme Court of India has dismissed a review petition filed by the Chief Commissioner of Central Goods and Services Tax (CGST) against the 2024 judgment in the case involving Safari Retreats Private Limited. The review plea challenged the apex court's earlier decision dated October 3, 2024, but was rejected on the grounds of no "error apparent on the record." The matter, recorded under Civil Appeal No. 2948 of 2023, centered around the eligibility of input tax credit (ITC) under GST law fo
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FAQ :
The Supreme Court dismissed the review petition filed by the Chief Commissioner of Central Goods and Services Tax (CGST) against the 2024 judgment in the Safari Retreats Private Limited case.
The case primarily concerned the eligibility of input tax credit (ITC) under GST law for properties that are constructed for leasing purposes.
The Supreme Court rejected the petition on the grounds that there was no 'error apparent on the record' in the original judgment.
The dismissal upholds the original verdict, which has implications for real estate and leasing businesses under GST, particularly regarding ITC benefits on construction expenses.
It effectively upholds the original verdict that was delivered in October 2024, reinforcing the finality of Supreme Court judgments.
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