Cosyn Ltd. V/S Assistant Commissioner of State Tax {HIGH COURT OF CALCUTTA}

Cosyn Ltd. V/S Assistant Commissioner of State Tax {HIGH COURT OF CALCUTTA} :Date of Order : 30-04-2024In the case of Cosyn Ltd. v. Assistant Commissioner of State Tax, the issue centered around the utilization of Input Tax Credit (ITC) on Integrated Goods and Services Tax (IGST) for payment of Central GST (CGST) and State GST (SGST).Cosyn Ltd. had availed IGST credit and subsequently used it to pay CGST and SGST liabilities. This meant that the tax corresponding to State GST (SGST)...

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