Can a Second Show Cause Notice (#SCN) be justified post-adjudication under Sections 73 of the CGST Act? Explore key grounds and judicial precedents on this matter.
Explore ITC’s facets in GST – from conditions, proof responsibilities, to the importance of compliance. Dive deep into legal battles & expert suggestions.
GSTR-3B is a monthly return in summary form. In GSTR-3B, taxpayers broadly report their outward supplies, RCM supplies & admit GST on the same, make a claim to input tax credit (ITC) and discharge taxes accordingly. Table 4 of GSTR-3B deals with eligible ITC and this table is divided into 4 sub-tables, namely – A. […]
Taxpayers, subject to certain conditions, could transition un-utilised input tax credits under the erstwhile laws say, Central excise, Service Tax and State VAT laws into GST by filing Form GST TRAN-1. In regard to transitional credits, intense legal battles were fought on certain contentious issues like is it a vested right or a conditional right, […]
