The growing dispute over denial of Input Tax Credit due to supplier non-payment of tax has now reached the Supreme Court. The issue centres on whether bona fide buyers can lose ITC despite genuine purchases and proper documentation.
Correct configuration of GSTINs, ledgers, HSN codes, and vouchers in Tally allows businesses to generate portal-ready returns directly from accounting data. The article explains how this reduces repetitive Excel-based compliance work.
The Andhra Pradesh High Court held that GST officers in a transit State cannot invoke Sections 129/130 against inter-State consignments where neither supplier nor recipient is located in that State. The ruling reinforces that jurisdiction depends on tax nexus, not physical passage of goods.
The article explains how simplifying GST laws, rationalising returns, and improving the GST portal can significantly reduce compliance burdens for businesses and professionals.
Article highlights how mechanical matching of GSTR-9 tables is leading to unjust GST demands and penalties against honest taxpayers. It argues that annual return reconciliations, DRC-03 payments, and audited accounts are being ignored during scrutiny proceedings.
This article discusses GST compliance for service providers eligible for the QRMP scheme up to ₹5 crore turnover. It clarifies why businesses must maintain monthly accounting, tax tracking, and ITC reconciliation despite quarterly filing.
The article discusses how GST authorities are increasingly reversing ITC based on upstream NGTP allegations without proving fraud by the immediate buyer. It highlights judicial views that genuine buyers cannot be burdened with proving unknown upstream transactions.
Section 132 of the CGST Act allows prosecution, arrest and imprisonment in cases involving fake invoices, bogus ITC and tax fraud. The article explains how GST disputes cross from civil tax proceedings into criminal prosecution territory.
The article highlights how Central GST enforcement practices such as repeated summons, searches, and arrests resemble old Customs-style investigations. It argues that excessive enforcement is creating hardship for small taxpayers and weakening confidence in GST administration.
The article explains how editable outward tax fields in GSTR-3B enable suppliers to evade tax payment while genuine buyers later suffer ITC denial and GST notices.
