In this case law, the SC has held that DEPB scrips are actionable claims.
This will impact SEIS / MEIS scrips under GST regime - if they are actionable claims, then ITC reversal implications stand on different footing as compared to being exempt supplies.
EU VAT laws can be used as reference for GST purposes in the absence of judicial precedents under Indian laws, to the extent where provisions are similar in nature.
This case relates to distinguishing single and multiple supplies.
In this landmark judgment, the Odisha HC has held that input credit restriction under section 17(5) for immovable property supplies does not apply where the same is used for further renting of the immovable property.
The HC, in this case, has seemingly permitted manual revision of GSTR3B returns in the absence of portal providing such revision facility for online returns.
The list of AAR/AAAR rulings from the GST portal are consolidated in single excel sheet for ease of reference and search (updated till May 2020).