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Archive: 08 June 2022

Posts in 08 June 2022

GST: ITC Can Be Blocked Under Rule 86A Where ‘Reason To believe’ that Fraudulent Or Ineligible Credit is Availed

June 8, 2022 21390 Views 0 comment Print

HC held that there should be reasons to believe that credit of input tax available in the Electronic Credit Ledger has been fraudulently availed or the assessee is ineligible. Reasons have to be recorded by the proper officer and a speaking order shall be passed. 

Order passed on the day of issue of notice violates principles of natural justice

June 8, 2022 927 Views 0 comment Print

MBR Flexibles Ltd Vs Deputy Commissioner of State Tax (Enforcement) (Gujarat High Court) It is clear from the record that Notice as well as order impugned was passed on the same date i.e. 06/01/2022. An opportunity of hearing has not been afforded to the petitioners and therefore, it is in breach of principles of natural justice. Considering […]

Refund IGST on Ocean Freight along with Interest: Gujarat HC

June 8, 2022 1587 Views 0 comment Print

Adi Enterprises Vs Union of India (Gujarat High Court) Applicants prayed to direct respondents to grant refund of amount of IGST already paid by the applicants on Ocean Freight pursuant to the Entry No.10 of Notification No.10/2017-IGST (Rate) dated 28.6.2017 with appropriate interest on such refund. On appeal HC held that respondents are hereby directed […]

MCA to launch of National CSR Exchange Portal

June 8, 2022 2091 Views 1 comment Print

Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman to launch the Iconic Day celebrations of Ministry of Corporate Affairs at Vigyan Bhawan tomorrow To commemorate Amrit Mahotsav, MCA to launch of National CSR Exchange Portal MCA to release commemorative Postal Stamp on Investor Awareness A short film on the evolution of Corporate Governance […]

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