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Bombay High Court ruled that unutilized ITC can be transferred across states post-amalgamation, overriding GST portal restrictions.

19 Jul, 2025
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In a significant ruling that sets a precedent for businesses operating across Indian states, the Bombay High Court (Goa Bench), in Umicore Autocat India Pvt. Ltd. vs. Union of India & Ors., upheld the right of a merged entity to transfer unutilized Input Tax Credit (ITC) from a company registered in Goa to one registered in Maharashtra.

This judgment strikes at the heart of GST implementation issues, particularly around cross-state credit transfer during mergers and amalgamations—a long-standing grey area in India’s indirect tax framework.

 

Case Background
    •    Petitioner: Umicore Autocat India Pvt. Ltd., Maharashtra (Transferee)
    •    Transferor: Umicore Anandeya India Pvt. Ltd., Goa
    •    Amalgamation Date: As per NCLT order dated 26.05.2020, effective from 01.04.2019
    •    ITC Sought to be Transferred:
    •    IGST: ?3,69,586
    •    CGST: ?3,52,84,105
    •    SGST: ?1,39,285

When the Transferor attempted to transfer ITC using Form ITC-02, the GST portal blocked the request, citing:

“Transferee and Transferor should be of the same State/UT.”

This prompted the petitioner to approach the court, challenging the GSTN system restriction as contrary to the GST Act and Rules.

 

Key Legal Provisions Involved
    •    Section 18(3) of the CGST Act, 2017: Permits transfer of unutilized ITC during merger/amalgamation.
    •    Rule 41 of the CGST Rules, 2017: Lays down the procedure to effect such transfers via Form GST ITC-02.
    •    Section 25(4): Defines each registration in different states as a “distinct person,” often cited to block cross-state transfers.

 

Arguments in Court

Petitioner:
    •    No restriction in Section 18(3) or Rule 41 on inter-state ITC transfers.
    •    NCLT-approved amalgamation made the transferee liable for all assets and liabilities, including ITC.
    •    Blocking transfer due to GSTN logic violates the statute and constitutional principles (Articles 269-A and 289).
    •    Cited an Advance Ruling supporting cross-state ITC transfer post-merger.

Government (Goa & Centre):
    •    Argued that each GST registration is state-specific, and hence, ITC must be consumed within that state.
    •    Relied on an earlier Madras High Court decision (MMD Heavy Machinery).
    •    Claimed system limitations and lack of mechanism for cross-state transfer as a valid constraint.

 

High Court Verdict

The Court allowed the ITC transfer and ruled:
    •    No restriction under Section 18(3) or Rule 41 prevents ITC transfer across states post-amalgamation.
    •    GST portal logic cannot override the statute.
    •    System limitations or circulars cannot deny substantive legal rights.
    •    Transferor’s SGST claim was voluntarily given up to prevent state revenue loss.

Direction Issued: Transfer IGST and CGST ITC to the Petitioner via physical/manual mode pending system updates. GST Council and GSTN were also urged to revise their systems accordingly.

 

GST Case Law Umicore Autocat India Private Limited Versus Union of India

Citation-2025 TAXONATION 1784 (BOMBAY)(Click here ot read full judgement)

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