State of Punjab v. Trishala Alloys Pvt. Ltd.
The Supreme Court upheld the High Court's decision, affirming that amendments to VAT rules could not retroactively reduce input tax credits already earned before the enabling statutory provision came into effect.
Case Details
- Case Name: State of Punjab v. Trishala Alloys Pvt. Ltd.
- Citation: 2025 INSC 231. (Supreme Court of India)
- Decision Date: 17-02-2025
- List of Acts: The Punjab Value Added Tax Act, 2005 (Punjab VAT Act); The Punjab Value Added Tax Rules, 2005 (Punjab VAT Rules); Central Sales Tax Act; Central Excise Rules, 2002; Tamil Nadu Value Added Tax Act, 2006; General Principles of Law