[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  CA Bimal Jain [@BimalGST](/creator/twitter/BimalGST) on x 133.5K followers Created: 2025-07-08 14:12:32 UTC 🔥📛 HC: Exposes Revenue’s blunder in calling HUL 'non- existing' entity; Quashes ITC denial ➡️ The Revenue department issued a Show Cause Notice (SCN) deeming Hindustan Unilever Limited (HUL), a well-known FMCG conglomerate, as a fictitious and non-existent entity without any supporting evidence, which led to the denial of Input Tax Credit (ITC) for the assessee. ➡️ The assessee challenged the SCN by presenting valid invoices and GSTR-2A records that reflected legitimate inward supplies from HUL, thereby substantiating the genuineness of the transactions. ➡️ The department conceded that the classification of HUL as a fictitious entity was erroneous and had occurred due to an oversight while issuing the SCN. ➡️ The Madras High Court criticized the Revenue for lack of due diligence and observed that concluding HUL to be non-existent without inquiry or substantiation demonstrated a clear non-application of mind. ➡️ The High Court quashed the original demand order, directed the Revenue to issue a fresh SCN with a minimum of X days' clear notice for a personal hearing, and emphasized adherence to principles of natural justice. ✔️ Madras HC - Sri Balaji Trading Company Vs. The Assistant Commissioner (ST)(FAC) [Writ Petition No.21448 of 2025] #GST #GSTUpdate #GSTCaseUpdate #AdvBimalJain #GSTwithBimalJain #a2ztaxcorpllp #GSTUpdate #GSTcaseLaw XXX engagements  **Related Topics** [tax bracket](/topic/tax-bracket) [$itcbo](/topic/$itcbo) [$ul](/topic/$ul) [$ulvrl](/topic/$ulvrl) [stocks consumer defensive](/topic/stocks-consumer-defensive) [Post Link](https://x.com/BimalGST/status/1942587608434987145)
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CA Bimal Jain @BimalGST on x 133.5K followers
Created: 2025-07-08 14:12:32 UTC
🔥📛 HC: Exposes Revenue’s blunder in calling HUL 'non- existing' entity; Quashes ITC denial
➡️ The Revenue department issued a Show Cause Notice (SCN) deeming Hindustan Unilever Limited (HUL), a well-known FMCG conglomerate, as a fictitious and non-existent entity without any supporting evidence, which led to the denial of Input Tax Credit (ITC) for the assessee.
➡️ The assessee challenged the SCN by presenting valid invoices and GSTR-2A records that reflected legitimate inward supplies from HUL, thereby substantiating the genuineness of the transactions.
➡️ The department conceded that the classification of HUL as a fictitious entity was erroneous and had occurred due to an oversight while issuing the SCN.
➡️ The Madras High Court criticized the Revenue for lack of due diligence and observed that concluding HUL to be non-existent without inquiry or substantiation demonstrated a clear non-application of mind.
➡️ The High Court quashed the original demand order, directed the Revenue to issue a fresh SCN with a minimum of X days' clear notice for a personal hearing, and emphasized adherence to principles of natural justice.
✔️ Madras HC - Sri Balaji Trading Company Vs. The Assistant Commissioner (ST)(FAC) [Writ Petition No.21448 of 2025]
#GST #GSTUpdate #GSTCaseUpdate #AdvBimalJain #GSTwithBimalJain #a2ztaxcorpllp #GSTUpdate #GSTcaseLaw
XXX engagements
Related Topics tax bracket $itcbo $ul $ulvrl stocks consumer defensive