The article explains that GST refunds depend on correct statutory classification, documentation, and timelines. It highlights that valid claims may fail if filed under the wrong refund category or without required evidence.
The article explains that the FLA Return is a position-based FEMA compliance triggered by outstanding foreign investments, not by transactions. It also clarifies filing timelines, reporting requirements, and RBI’s latest guidance.
The article explains how IMS makes accepted invoice records the basis for ITC eligibility, strengthening compliance, fraud detection, and GST return verification.
Madras High Court remitted the GST assessment for fresh adjudication, directing deposit of the entire disputed tax before reconsideration and fresh hearing.
Allahabad High Court held Cyber Cell cannot freeze an entire bank account and sought safeguards where an advocate’s professional fee is involved.
The Madhya Pradesh High Court held that judicial officers cannot be intimidated for delivering judgments since every judicial order is subject to appellate or revisional scrutiny. The Court directed senior officials to act against those issuing threats and protect judicial independence.
The article explains GST job work provisions, ITC-04 filing responsibilities, and compliance requirements. It highlights legal provisions, GST rates, and the consequences of non-compliance.
The article argues that failure to comply before the AO or CIT(A) can lead to adverse assessments, as higher forums generally cannot rectify missing factual records.
The High Court held that an assessment order passed without issuing a show cause notice detailing the proposed additions violated the principles of natural justice. The matter was remanded for fresh proceedings after issuing a proper notice.
The Madras High Court held that assessment proceedings should include a show cause notice identifying the proposed additions before passing the final order. The assessment orders were treated as show cause notices and remanded for fresh consideration.
