"He has been practicing in the field of Income Tax, Service Tax, VAT, GST, Corporate Laws, FEMA for past 19 years and have got vast exposure in these areas. He has advised a number of international and domestic companies on a range of tax and regulatory issues. He is Senior Partner of SNR and Company and heading the Taxation and regulatory practice of the firm. It includes business divisions of GST, Income Tax, Corporate Laws and FEMA. He has authored a book titled "Compendium of Top 100 AAR Rulings under GST" published by Taxsutra and Commercial Law Publishers alongwith CA Vaibhav Kansal. Youtube Channel - for Updates on GST and Income Tax - CA Dinesh Singhal https://www.youtube.com/channel/UCsjbDXIwtYwR3ECF5TfZi1A "
Explore the recent landmark judgment by Rajasthan HC on ITC refund denial in the case of Nahar Industrial Enterprises. Analysis of the decision and its implications.
Patna High Court, in case of M/s Aastha Enterprises, upheld denial of Input Tax Credit (ITC) to petitioner purchaser due to supplier’s failure to pay GST to government. Court invoked Section 16(2)(c) of GST Act in its decision.
Understand recent Calcutta High Court ruling on recovering Input Tax Credit (ITC) from purchasers. Analysis of judgment and its implications. Learn when tax department can proceed against buyers.
An exploration of the AAR ruling on the applicability of the margin scheme for GST to suppliers of second-hand gold jewelry.
Input Tax Credit is admissible when consideration is paid through book adjustment as detailed above, subject to the other conditions and restrictions prescribed in Section 16, 17 and 18 of the CGST Act, 2017 and the rules made there under.
Stay updated on GST with a comprehensive summary of CBIC Circulars issued on 17th July 2023. Explore clarifications on issues like TCS liability, ITC differences, warranty replacement, and more. Get insights into the latest changes affecting your business.
AAAR has dealt with the legal provisions in depth pertaining to valuation of supply and place of supply. In our view, it has correctly ruled so far as to state that ‘incentives’ do not tantamount to ‘trade discount’ and would be deemed as consideration for supply of services.
Jharkhand HC in case of Shree Ram Agrotech has set aside demand order & consequent recovery proceedings in view of non-compliance with provisions regarding issuance of Show-Cause Notice and adjudication order as prescribed under GST law.
Explore the recent ruling by the Hon’ble Calcutta High Court on the denial of Input Tax Credit (ITC) based on the retrospective cancellation of a supplier’s GST registration. Learn about the case of M/s Gargo Traders, where the HC set aside the order and directed the department to consider the petitioner’s claim afresh. Understand the key issues involved, facts of the case, and contentions of both the applicant and the department.
In re Kaveri Exports (GST AAR Telangana) Authority for Advance Rulings, Telangana (‘AAR’) in the case of M/s Kaveri Exports “the applicant” has issued a ruling holding that turnover pertaining to the sale of duty credit scrips would not be relevant for computation of the refund of input tax credit. Captioned ruling has been analyzed […]
