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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 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 3501 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 99 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


DGGI Meerut Busts Rs. 1,481 Crore Fake Invoice Syndicate

November 8, 2023 804 Views 0 comment Print

DGGI Meerut dismantles a massive fake invoicing syndicate involving 102 fake entities and a turnover of Rs. 1,481 crore. Learn about the operation, arrests, and implications

CA Certificate format issued by IDTC for ITC mismatch

November 6, 2023 91989 Views 0 comment Print

Explore key points for Chartered Accountants issuing CA certificates in GST. Learn about the specific ITC mismatch categories, responsibilities, and limitations

GST ITC Claim & Reversal for FY 2022-23: Deadline & Reconciliations

November 6, 2023 30963 Views 1 comment Print

Learn about the GST ITC claim and reversal deadline for FY 2022-23. Understand the actions and reconciliations required for compliance and accurate ITC claims.

No Understanding Can Deem SGST & CGST as IGST Without Tax Law Compliance

November 4, 2023 951 Views 0 comment Print

Patna High Court’s judgment on input tax credit and the understanding between parties regarding CGST, SGST, and IGST in a specific transaction.

GST refund cannot be denied for merely for multiple inputs & output supplies

November 2, 2023 4392 Views 0 comment Print

In the Nahar Industrial Enterprises Ltd. vs. Union of India case, Rajasthan High Court ensures GST refund isn’t denied solely due to multiple inputs and outputs.

Kerala HC Grants Opportunity for Claim of ITC reflecting in Form GSTR 2A

November 2, 2023 10692 Views 0 comment Print

Kerala High Court’s judgment in Geetha Agencies vs. Deputy Commissioner of State Tax, setting aside the assessment order and recovery notice for denied input tax credit.

Kerala HC Directs Petitioner to File DRC-03 for refund of ITC Credit

November 2, 2023 1335 Views 0 comment Print

Kerala High Court directs petitioner to file DRC-03 for refund of Input Tax Credit after Deputy Commissioner’s denial, ensuring rightful credit to the petitioner’s bank account.

Dispute of Reversal of ITC against Retention Money of Supplier/Contractor

October 28, 2023 5127 Views 0 comment Print

Explore the legal dimensions of reversing Input Tax Credit (ITC) for retention money in GST. Understand the rules, legal arguments, and relevant cases in this analysis.

Tax Invoices, E-way bills & Goods Receipts are not sufficient proof to avail ITC

October 27, 2023 65127 Views 2 comments Print

In a recent case, the Allahabad High Court held that Tax Invoices, E-Way bills, and Goods Receipts are insufficient to prove ITC eligibility. Learn the details and implications.

Introduction of redeemable digital assets for payment of GST Liability: Can it solve the ITC crisis?

October 25, 2023 7164 Views 0 comment Print

Explore challenges in the current ITC mechanism under GST, constitutional aspects, impact of insolvency, and a proposed solution using digital assets to streamline tax collections.

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