Supreme Court Upholds Denial of Input Tax Credit on Exempted Sales to Manufacturer-Exporters: Neha Enterprises vs. Commissioner, Commercial Tax (2025)
Introduction Date of the Judgment: April 9, 2025 Citation: 2025 INSC 476 Judges: Pankaj Mithal, J., S.V.N. Bhatti, J. Can a seller who benefits from a tax exemption on sales to manufacturer-exporters also claim input tax credit on those sales? The Supreme Court of India addressed this question in a recent case concerning the interpretation […]