Konkan LNG Ltd. V/s Commissioner of State Tax {HIGH COURT OF BOMBAY}
Konkan LNG Ltd. V/s Commissioner of State Tax {HIGH COURT OF BOMBAY} :Date of Order : 28-06-2024
In the case of Konkan LNG Ltd. v. Commissioner of State Tax, the issue revolved around whether Konkan LNG Ltd., a subsidiary of GAIL engaged in LNG regassification, could claim Input Tax Credit (ITC) for the taxes paid on the construction of a breakwater at its regassification plant.Konkan LNG Ltd. reconstructed a breakwater near its jetty at a substantial cost to facilitate the berthing and...
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