Court Rules JBVNL's Refusal to Reimburse Contractor GST Impact on Indirect Transactions Violative of Article 14: Jharkhand High Court
In a landmark decision, the Supreme Court has ruled in favor of several contracting firms operating under the Jharkhand VAT Act, directing the Jharkhand Bijli Vitran Nigam Limited (JBVNL) to reimburse the Goods and Services Tax (GST) impact incurred by these firms during the course of their contracts. The ruling, which was based on Section 18 of the Jharkhand VAT Act and Article 14 of the Constitution of India, highlights…