Legal Insights

Informational articles on GST, income tax, and matrimonial matters

Series

From Black and White to LED — India's ITC Story and the Genuine Buyer's Vanishing Credit

From Black and White to LED — Introduction

Part 1 of 3

India's ITC Story and the Genuine Buyer's Vanishing Credit

On 1st May 2026, the Gujarat High Court upheld Section 16(2)(c) of the CGST Act — the provision that denies a genuine buyer's Input Tax Credit when his supplier has not paid tax to the Government. This three-part series examines sixty-seven years of this principle across three eras of Indian indirect taxation.

Adv. Amit Sheode · June 2026

GST

From Black and White to LED — Part 1: The Black and White Era

Part 2 of 3

BST, Form 31, and a Provision Not Routinely Applied

Before the computer, before electronic returns, before GSTR 2B — this is what a GST assessment looked like. And this is how Maharashtra's tax administration responded to supplier default in an era when verification was structurally impossible.

Adv. Amit Sheode · June 2026

GST