Gujarat Value Added Tax Act, 2003

A batch of five review petitions was filed challenging the Supreme Court's common judgment and order dated 06‑09‑2022 in Civil Appeals No. 1661 of 2020 and No. 2568 of 2020, which interpreted the interplay between Section 48 of the Gujarat Value‑Added Tax Act, 2003 and Section 53 of the Insolvency and Bankruptcy Code, …

The State of Gujarat appealed against Reliance Industries Ltd., a manufacturer of polymers and chemicals, challenging the reduction of input tax credit under the Gujarat Value Added Tax Act, 2003. Reliance purchased fuels (furnace oil, natural gas, light diesel oil) as raw materials, paid VAT, and claimed credit. Secti…

Paschimanchal Vidyut Vitran Nigam Ltd (PVVNL) supplied electricity to Raman Ispat Pvt Ltd, which defaulted on payments. PVVNL attached the debtor's assets and, after the corporate insolvency resolution failed, the matter proceeded to liquidation under the Insolvency and Bankruptcy Code (IBC). PVVNL contended that secti…

The State of Gujarat appealed a High Court judgment that the product Kadiprol, sold in 100‑gram sachets and mixed with poultry feed, should be classified as "poultry feed" under Entry 25 of Schedule I of the Gujarat Sales Tax Act, 1969, rather than as a "drug and medicine" under Entry 26(1) of Schedule II Part A. The D…

The State Tax Officer (appellant) claimed GST and CST dues of about Rs. 47.36 crore from Rainbow Papers Limited (respondent) during a corporate insolvency resolution process. The claim was filed after the deadline prescribed in the IBBI Regulations and was waived by the Resolution Professional, leading to the approval …

The State of Gujarat appealed against the Gujarat Value Added Tax Tribunal and the High Court, which had allowed M/s Ambuja Cement Ltd. to exclude Value Added Tax (VAT) and the value of purchases on which no tax credit was claimed from its taxable turnover of purchases under Section 11(3)(b) of the Gujarat Value Added …