Rajshi Processors V/s State of U.P. {HIGH COURT OF ALLAHABAD}
Rajshi Processors V/s State of U.P. {HIGH COURT OF ALLAHABAD} :Date of Order : 24-05-2024In a recent case before the Allahabad High Court, Rajshi Processors challenged an order that upheld the denial of Input Tax Credit (ITC) and imposition of penalties by both the Adjudicating Authority and the Appellate Authority. Here’s a simplified explanation of the court’s decision:Background:
Fraudulent ITC Claim: It was discovered by the Special Investigation Branch that Rajshi Processors had fraudulently claimed ITC benefits without any actual supply...
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