Goods and Services Tax : Input Tax Credit (ITC) is backbone of Goods and Services Tax (GST) framework, enabling seamless flow of credit across value chain....
Goods and Services Tax : 1. Introduction to Duty Credit Scrips (DCS) Duty Credit Scrips (DCS) are export promotion incentives granted by the Government of ...
Goods and Services Tax : This article examines the complex legal landscape of GST on ocean freight for Indian imports, covering valuation, reverse charge, ...
Goods and Services Tax : Understand the challenges bona fide buyers face with GST Input Tax Credit denials due to supplier non-compliance and the legal sta...
Goods and Services Tax : Understand GST Section 18 on Input Tax Credit availability in special circumstances like new registrations, status changes, and bu...
Goods and Services Tax : KSCAA highlights practical GST challenges in Sec 128A & Sec 16(4), urging clarifications on appeals, ITC, interest waivers, and mu...
Goods and Services Tax : Learn about India's efforts to combat fake ITC frauds, including special drives, legal actions, and GST guidelines for enforcement...
Goods and Services Tax : Explore the key recommendations made by the GST Council during its 54th meeting, including changes in GST rates, GoM formations, a...
Goods and Services Tax : Join CA Sachin Jain for a live course on Input Tax Credit from a litigation perspective. Gain practical insights and master ITC co...
Goods and Services Tax : CBIC detected Rs. 36,374 crore worth of fake ITC in FY 2023-24 involving 9,190 cases. Key measures and data on ITC fraud detection...
Goods and Services Tax : Patna High Court examines if ITC can be denied when goods are delivered directly to end consumers and not physically received by t...
Goods and Services Tax : The Delhi High Court has ruled against the "negative blocking" of Electronic Credit Ledgers, citing that such actions exceed the s...
Goods and Services Tax : Delhi High Court rules bona fide purchasers cannot be denied Input Tax Credit due to seller's tax default; cites Article 14....
Goods and Services Tax : Delhi High Court examines constitutional validity of DVAT Act Section 9(2)(g), impacting Input Tax Credit claims due to selling de...
Goods and Services Tax : Delhi High Court rules Section 9(2)(g) of DVAT Act unconstitutional, asserting it violates rights by denying input tax credit to b...
Goods and Services Tax : CBIC unveils trade facilitation measures, combats counterfeit currency, and detects ₹80 crore GST fraud. Key developments from I...
Goods and Services Tax : CBIC clarifies ITC eligibility for goods delivered under Ex-Works contract as per Section 16(2)(b) of CGST Act, 2017...
Goods and Services Tax : The circular clarifies that electronic commerce operators under section 9(5) of CGST Act need not reverse input tax credit for spe...
Goods and Services Tax : GSTN issues advisory on the new Invoice Management System (IMS) for accepting or rejecting supplier invoices, impacting GSTR-2B an...
Goods and Services Tax : CBIC clarifies input tax credit provisions under Section 16(5) & 16(6) of CGST Act, detailing rectification procedures for wrong c...
Patna High Court examines if ITC can be denied when goods are delivered directly to end consumers and not physically received by the dealer.
Input Tax Credit (ITC) is backbone of Goods and Services Tax (GST) framework, enabling seamless flow of credit across value chain. However, right to avail ITC is subject to various conditions stipulated under Section 16 and Section 17 of CGST Act, 2017.
The Delhi High Court has ruled against the “negative blocking” of Electronic Credit Ledgers, citing that such actions exceed the scope of Rule 86A of the CGST Rules.
Delhi High Court rules bona fide purchasers cannot be denied Input Tax Credit due to seller’s tax default; cites Article 14.
Delhi High Court examines constitutional validity of DVAT Act Section 9(2)(g), impacting Input Tax Credit claims due to selling dealer’s tax deposit failures.
Delhi High Court rules Section 9(2)(g) of DVAT Act unconstitutional, asserting it violates rights by denying input tax credit to buyers for seller’s tax defaults.
Delhi High Court reviews the constitutionality of DVAT Act Section 9(2)(g), impacting Input Tax Credit for purchasers due to seller’s tax defaults. Examines impact on bona fide dealers.
Delhi High Court sets aside tax notices, ruling on Section 9(2)(g) of DVAT Act. Upholds right to Input Tax Credit for bona fide purchasers.
Delhi High Court sets aside Section 9(2)(g) of the DVAT Act, ruling it violates Articles 14 and 19(1)(g) by denying input tax credit to bona fide purchasers for seller’s default.
Delhi High Court ruled that bona fide buyers can’t be denied Input Tax Credit (ITC) for a seller’s failure to deposit VAT, reading down Section 9(2)(g) of DVAT Act.
