Supreme Court grants benefit of doubt to Gastrade International due to inconclusive evidence in HSD vs Base Oil classification dispute. Read the case summary.
Provisional attachment under GST aims to protect revenue but often raises concerns about misuse. Explore its legal framework, impact, and judicial precedents.
Input tax credit (ITC) claims under GST are proving challenging for taxpayers. Stringent conditions, supplier issues, and court rulings create uncertainty. Proper documentation is crucial for businesses to avoid penalties and ITC rejection.
In GST, the importance of reconciliation has increased multi-fold due to the compliance process that law brings in along with its legal provisions. The compliance process in GST generally requires filing of multiple returns by the taxpayer.
