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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 741 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 1752 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 8130 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 18, 2024 3543 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


GST Taxpayer liable to reply to SCN Despite Dropping of Scrutiny Proceedings

Goods and Services Tax : In Sri Velavan Traders Vs State Tax Officer (Madras High Court), understand why GST-registered entities must respond to show cause...

July 18, 2024 9 Views 0 comment Print

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 141 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 219 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 336 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


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 450 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


Credit should not be denied when ITC not reflected in GSTR-3B is claimable based on GSTR-2A & GSTR-9

March 5, 2024 6126 Views 0 comment Print

Learn why credit cant be denied when ITC not in GSTR-3B but claimable via GSTR-2A & GSTR-9. Explore a court cases analysis and implications for GST compliance.

ITC Allowed Without Need for Physical Documents

March 4, 2024 4407 Views 1 comment Print

Explore the Madras High Court ruling on allowing Input Tax Credit without physical invoices, emphasizing electronic records for GST compliance.

Madras High Court Quashes Unreasoned GST Assessment Order

March 3, 2024 1437 Views 0 comment Print

Madras High Court quashes a GST assessment order for being unreasoned, highlighting the necessity for detailed reasoning in tax assessments, especially regarding ITC claims.

Kerala HC Upholds Denial of Fraudulent ITC Claims

March 3, 2024 963 Views 0 comment Print

Kerala High Court dismisses petition against blocking of ITC based on forged invoices, affirming Rule 86A’s conditions under GST Rules, 2017.

GST Refund allowed for inverted duty structure despite same inward & outward supplies

March 2, 2024 2892 Views 0 comment Print

Explore the Kerala High Courts landmark decision in M/s. Malabar Fuel Corporation case, affirming the right to claim refunds under Inverted Duty Structure even with identical inward and outward supplies.

Section 16(4): Will Delayed filing of return cost availability of ITC to Defaulters?

March 2, 2024 7329 Views 0 comment Print

Explore the critical implications of Section 16(4) of the CGST Act, 2017 on taxpayers’ Input Tax Credit (ITC) eligibility and the consequences of delayed return filings.

ITC reversal and bank attachment: Madras HC Orders Reassessment

February 29, 2024 654 Views 0 comment Print

Madras High Court quashes assessment order against Shree Shyama Traders, allowing for a fresh look at the ITC reversal and bank attachment order.

Transfer of Input Tax Credit in case of transfer of the business

February 29, 2024 3447 Views 0 comment Print

Navigate the process of transferring unutilized Input Tax Credit (ITC) during business transfers under GST with our guide on Section 18(3) and Rule 41 of CGST Act, 2017.

Assessing Officer must consider relevant aspects before passing order under GST

February 28, 2024 945 Views 0 comment Print

Explore the Madras High Court’s decision in Global Calcium (P.) Ltd. v. Assistant Commissioner, emphasizing the importance of assessing officers considering relevant aspects before passing orders. Get insights into the impact on GST assessments.

Some issues in Refund of unutilized ITC under GST

February 27, 2024 2157 Views 0 comment Print

Understand GST refund procedures and legal challenges. Learn about different refund categories, application requirements, and recent judicial interpretations.

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