For GST purposes it is necessary to classify correctly agreement involving hire, lease, or bailment of goods. Classification of an agreement as a hire purchase agreement, an agreement to hire or as being outside those ambits, affects the GST treatment of the agreement and consequently the GST liability.
To analyse the CGST ACT, the maxim actus non facit reum, nisi mens sit rea, has however no application to the offences under CGST ACT in its purely technical sense because the ingredient of various offences contain expressed propositions as to the state of mind of the wrong-doer.
Input Tax Credit (ITC) is a mechanism to avoid cascading effect. This unique feature of ITC has made itself perhaps one of the most controversial and litigated features in the erstwhile indirect tax regime and under GST regime, no doubt it will continue. While the registered persons fight tooth and nail to defend this credit, […]
To err is human and GST authorities are no exception. The adjudicating authority, while passing or issuing any decision or order or notice or certificate or any other document, it is expected to be free from errors. But errors may creep in inadvertently or unintentionally. It is the duty of the adjudicating authority, who has […]
