Rule 86B of CGST mandates at least 1% of GST liability paid in cash to curb ITC misuse. Learn about its provisions, exceptions, and impact on taxpayers.
CPC denies concessional tax rate under Section 115BAB, citing incorrect grounds. Learn about legal inconsistencies, remedies, and steps for affected taxpayers.
Understand the special procedures under Section 16(5) of the CGST Act, 2017, for rectifying ITC claims. Learn eligibility, filing steps, and key clarifications.
In these shipping bills, the Petitioner, the Petitioner’s Customs brokers inadvertently declared the Petitioner did not intend to claim the Merchandise Exports from India Scheme (“MEIS”) benefit by indicating the letter “N” instead of “Y” in the relevant digital REWARD column.
Supreme Court rules that a breakup in a consensual relationship cannot lead to criminal proceedings. Consensual nature of the relationship emphasized.
NCLAT Delhi held that admitting application under section 9 of the Insolvency and Bankruptcy Code 2016 for default in payment of operational debt justified in the absence of any credible or plausible pre-existing dispute.
Kalpakkam Nidhi Ltd fined Rs. 20,000 for non-compliance with Rule 14(6) of Companies Act. IT order mandates payment within 90 days, with appeal options available.
Supreme Court held that cognizance of the offence under section 3 of the Prevention of Money Laundering Act, 2002 against the public servant without obtaining previous sanction under section 197(1) of the Code of Criminal Procedure, 1973 untenable in law.
Delhi High Court held that keeping in abeyance refund order by exercising powers conferred u/s. 108 of the CGST Act merely on the basis of intelligence regarding wrongful availment of ITC unjustified since pre-requisite conditions for invoking section 108 not satisfied.
A Lease Deed was executed between the appellant and Skol Breweries Limited for renting of land, building, plant and machinery by the appellant to Skol. The appellant discharged service tax liability under the head “renting of immovable property” services.
