Sponsored
    Follow Us:

input tax credit

Latest Articles


Input Tax Credit and Commercial Expediency: A Comparative Analysis with Income Tax Jurisprudence

Goods and Services Tax : Explore the nuances of input tax credit under GST and its commercial expediency, drawing parallels with income tax jurisprudence a...

July 13, 2024 738 Views 0 comment Print

Clarifying Compliance: Challenges & Solutions in GST Input Tax Credit Reversal

Goods and Services Tax : Explore challenges and solutions in GST Input Tax Credit reversal compliance, focusing on the intricacies of Section 15(3)(b)(ii) ...

July 10, 2024 1749 Views 0 comment Print

Inverted Duty Structure and refund of ITC

Goods and Services Tax : Understand the Inverted Duty Structure in GST and how to claim refunds on unutilized Input Tax Credit (ITC). Explore detailed insi...

July 10, 2024 1176 Views 0 comment Print

Deferred Payment Remedy for Taxpayers Facing Financial Instability: Filing Form GST DRC-20

Goods and Services Tax : Explore how taxpayers can manage GST liabilities with Form GST DRC-20 under Section 80. Learn about instalment options, eligibilit...

July 8, 2024 1101 Views 0 comment Print

GST ITC – Honest Tax Payers Are In Trouble Story

Goods and Services Tax : Discover the challenges faced by dealers when GST ITC is blocked. Learn expert advice, legal insights, and potential actions to re...

July 5, 2024 8127 Views 1 comment Print


Latest News


Live Course on 360 degree Analysis of Input Tax Credit from a Litigation Perspective

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...

July 14, 2024 3498 Views 0 comment Print

Live webinar: Block Credit in GST under Section 17(5)

Goods and Services Tax : Join our live webinar on Block Credit in GST u/s 17(5) to understand ITC, eligibility criteria, and critical provisions. Expert in...

May 13, 2024 12672 Views 0 comment Print

Meerut CGST Commissionerate Busts Rs. 1,000 Cr ITC Fraud

Goods and Services Tax : Meerut CGST Commissionerate exposes a syndicate claiming fraudulent Input Tax Credit of over Rs. 1,000 crore through 232 fake firm...

March 9, 2024 579 Views 0 comment Print

GST Input Tax Credit: Issues, Settlements and Government Measures

Goods and Services Tax : Explore the limitations and settlements regarding GST input tax credit, including late fees, penalties, and recent amendments. Dis...

February 7, 2024 2304 Views 0 comment Print

Elimination of Inequality in Income & Living of Citizens by GST Implementation

Goods and Services Tax : Explore how the implementation of GST in India has affected income inequality and living standards. Analysis of tax collection imp...

February 7, 2024 510 Views 0 comment Print


Latest Judiciary


ITC eligibility on wires/cables & equipment for electricity transmission

Goods and Services Tax : Understand GST ITC eligibility on wires/cables & equipment for electricity transmission. Detailed analysis of Gujarat AAR ruling o...

July 17, 2024 93 Views 0 comment Print

Procedural Mistakes in ITC Transition Shouldn’t Deny Proven Credit: Madras HC

Goods and Services Tax : Explore the Madras High Court's ruling on Tvl. Moon Labels Vs Government of India regarding procedural errors in ITC transitioning...

July 16, 2024 207 Views 0 comment Print

Madras HC Allows Ramco Cement to Contest 6 issues confirmed in GST Order

Goods and Services Tax : Read the Madras High Court judgment allowing Ramco Cements to challenge GST orders on multiple issues, including tax on sale of se...

July 15, 2024 333 Views 0 comment Print

ITC Ineligible on Breakwater-Wall for Vessel Safety, Not Plant & Machinery

Goods and Services Tax : Bombay High Court rules on Konkan LNG vs Commissioner of State Tax case, denying GAIL subsidiary input tax credit for breakwater-w...

July 15, 2024 177 Views 0 comment Print

No Violation of Natural Justice: Madras HC Refuses to Intervene in GST order  

Goods and Services Tax : Read the Madras High Court's decision on GST non-reporting issues in monthly and annual returns, despite clerical errors claimed b...

July 15, 2024 231 Views 0 comment Print


Latest Notifications


Input Tax Credit on Ducts & Manholes Used in Optical Fiber Cable Networks

Goods and Services Tax : Clarification on the availability of input tax credit for ducts and manholes used in optical fiber cable networks under CGST Act, ...

June 26, 2024 357 Views 0 comment Print

ITC Entitlement for Insurance Companies on Motor Vehicle Repair Expenses under Reimbursement Claims

Goods and Services Tax : Clarification on ITC entitlement for insurance companies on motor vehicle repairs under reimbursement claim settlement as per CGST...

June 26, 2024 447 Views 0 comment Print

Minutes of GST Grievance Redressal Meeting held on 22.04.2024

Goods and Services Tax : Explore the detailed minutes and recommendations from a recent Grievance Redressal Meeting chaired by the Principal Chief Commissi...

May 1, 2024 2217 Views 1 comment Print

Weekly Newsletter from Chairman, CBIC dated 08/04/2024

Goods and Services Tax : Catch up on the latest CBIC updates including legacy cases, gold smuggling bust, GST fraud crackdown, and inspiring achievements. ...

April 8, 2024 438 Views 0 comment Print

Non-issuance of notices in case of voluntary compliance under Sections 73 and 74 of KSGST Act, 2017

Goods and Services Tax : Understand the procedures for voluntary tax compliance under Sections 73 and 74 of the KSGST Act, 2017. Detailed analysis of Circu...

April 6, 2024 3225 Views 0 comment Print


ITC cannot be denied for settlement of consideration via Book Adjustment

March 28, 2024 5274 Views 0 comment Print

Explore the West Bengal AAR ruling on Input Tax Credit (ITC) when payment is settled through book adjustment. Detailed analysis on admissibility and implications.

AO cannot reject a reply by merely stating that reply was unsatisfactory

March 27, 2024 10230 Views 0 comment Print

Delhi High Court deems rejection of Input Tax Credit claim as invalid due to inadequate consideration of taxpayer’s detailed reply. Read the full judgment here.

Assessment Order issued without taking into consideration reply filed by Assessee is not valid

March 26, 2024 1758 Views 0 comment Print

Explore the Delhi High Courts decision in Emco Cables Pvt. Ltd. v. Union of India, emphasizing the necessity for assessment orders to acknowledge and consider replies by the assessee.

GST Year-End Checklist

March 26, 2024 2175 Views 0 comment Print

Get ready for year-end with this comprehensive GST checklist! Reconcile, verify, settle liabilities, renew LUT, and stay proactive for a smooth transition.

GST Provisions for Work Contractors: Registration, ITC & Place of Supply

March 22, 2024 4251 Views 0 comment Print

Delve into the complexities of GST provisions for work contractors, exploring registration requirements, input tax credit eligibility, and the determination of place of supply.

Central GST Authority cannot initiate proceedings when State GST Authority has already initiated proceedings on same subject matter

March 22, 2024 1311 Views 0 comment Print

Discover the implications of Rajesh Mittal vs Union of India case on GST proceedings. Learn why Central GST Authoritys actions were halted when State GST Authority initiated proceedings.

ITC Transition not to be denied in case of Input Service Distributor (ISD)

March 22, 2024 1077 Views 0 comment Print

The Bombay High Court in Siemens India Ltd. v. Union of India holds that Input Service Distributors’ entitlement to transition Input Tax Credit (ITC) cannot be denied due to procedural lapses.

Andhra Pradesh HC Denies Police Custody in Rs. 8 Crore GST Scam Case

March 22, 2024 390 Views 0 comment Print

Read the detailed judgment of Andhra Pradesh High Court dismissing a petition seeking police custody for a TDP leader’s son in an Rs. 8 crore GST-ITC scam case.

Rajasthan HC Grants Bail in Alleged ₹1046.74 Crore GST Evasion Case

March 22, 2024 804 Views 0 comment Print

Rajasthan High Court’s decision to grant bail to Rishabh Jain in a significant GST evasion case amounting to ₹1046.74 crores. Understand the legal arguments, precedents, and implications of the judgment.

HC Grants Bail in ₹21.16 Crore GST Scam with Fake Firms & Illicit ITC

March 22, 2024 537 Views 0 comment Print

Explore the Rajasthan High Court’s decision to grant bail in a ₹21.16 crore GST scam involving fake firms & illicit input tax credit (ITC). Understand the legal arguments, precedents, and implications of the judgment.

Sponsored
Search Post by Date
July 2024
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
293031