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 : Explore GST Section 17 rules on Input Tax Credit (ITC) apportionment for mixed supplies and a comprehensive list of blocked credit...
Goods and Services Tax : Understand GST Input Tax Credit (ITC) eligibility under Section 16 of CGST Act. Learn conditions, time limits and key requirements...
Goods and Services Tax : Understand key restrictions on Input Tax Credit (ITC) under Section 16 of the CGST Act, 2017, and recent judicial interpretations ...
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 : Calcutta High Court rules on ITC reversal, stressing strict adherence to Rules 42 & 43. Tax authorities must follow procedure; tax...
Goods and Services Tax : The Supreme Court dismissed an SLP, affirming the Delhi HC's decision that an Electronic Credit Ledger (ECL) with a negative balan...
Goods and Services Tax : Madras High Court sets aside a ₹16.67 crore GST demand on Sri Balaji Tollways due to mechanical confirmation of ITC mismatch, or...
Goods and Services Tax : Delhi High Court dismisses Mahavir Metal House's plea against ITC fraud demand, citing statutory appeal and precedents on jurisdic...
Goods and Services Tax : The Kerala High Court has ruled that Input Tax Credit cannot be denied merely for availing it under a wrong head in the Electronic...
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...
Stay updated on GST compliance for FY 2025-26. Learn about e-invoicing, ISD, credit note management, ITC reconciliations, HSN codes, and key procedural changes.
Karnataka High Court held that during re-assessment proceedings, claim for Input Tax Credit can be rectified under section 39 of the Karnataka Value Added Tax Act, 2003, even when the same is disadvantageous to the State Exchequer.
Karnataka HC sets aside orders against MMIL over delayed ITC claim, remands case for reconsideration under amended Finance Act, 2024 provisions.
From April 1, 2025, ISD registration under GST is mandatory for distributing input service ITC across branches. Applies only to services, not goods or capital.
Chhattisgarh High Court grants bail to Rohit Singla in a GST fraud case, citing delayed trial and conditions for release.
Gujarat HC quashes orders denying ITC under Sec 16(4) to Shiv Construction. Remands case due to retrospective Sec 16(5) allowing ITC if returns filed by 30 Nov 21.
Explore constraints of CGST Rule 39(1A) in transferring input tax credits, impacting working capital and compliance for businesses under India’s GST regime.
Time limits on GST input tax credit for capital goods hurt genuine business operations and distort investment decisions. Here’s why reform is needed.
Gujarat AAR rules Inox Air not liable for GST on transit loss of gases, but must reverse ITC on inputs used in lost goods.
Gujarat AAR rules Zydus Lifesciences cannot claim ITC on inputs for mutual fund transactions, deeming redemption as sale under GST.
