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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 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 63 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 327 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


CBIC Clarification: ITC Time Limit on RCM Supplies From Unregistered Persons

June 30, 2024 2652 Views 0 comment Print

Understand CBIC’s Circular No. 211/5/2024-GST clarifying the ITC time limit under section 16(4) of CGST Act for supplies under RCM from unregistered persons.

Fair Play: Equal GST Treatment for Domestic and Foreign Affiliate Services

June 30, 2024 576 Views 0 comment Print

Understanding new GST circular: Equal treatment for domestic and foreign affiliate services. Find out how this impacts cross-border transactions.

Circular Simplified: ITC availment Time Limit on Supplies from Unregistered Persons

June 29, 2024 4416 Views 0 comment Print

Understand CGST Act’s Section 16(4) time limits for claiming ITC on RCM supplies from unregistered persons, clarified in SEBI’s Circular No. 211/5/2024-GST.

Input Service Distributor (ISD) provisions under GST

June 29, 2024 819 Views 0 comment Print

Learn about the Input Service Distributor (ISD) mechanism under GST, its current clarifications, future changes, and how it impacts the distribution of Input Tax Credit (ITC).

Penalty not leviable on wrongly availed ITC, reversed without utilization

June 29, 2024 597 Views 0 comment Print

Madras High Court in Greenstar Fertilizers Limited v. The Joint Commissioner (Appeals) clarifies that penalties under CGST Act Section 74 do not apply to unutilized ineligible Input Tax Credit (ITC).

Your ITC is Not Fully Safe in GST – Reasons and Solutions

June 27, 2024 6132 Views 0 comment Print

Discover why Input Tax Credit (ITC) safety in GST is uncertain for businesses. Explore reasons, challenges, and proposed government actions for safeguarding ITC.

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

June 26, 2024 357 Views 0 comment Print

Clarification on the availability of input tax credit for ducts and manholes used in optical fiber cable networks under CGST Act, 2017. Circular No. 219/13/2024.

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

June 26, 2024 447 Views 0 comment Print

Clarification on ITC entitlement for insurance companies on motor vehicle repairs under reimbursement claim settlement as per CGST Circular No. 217/11/2024.

CA Certificate not required to claim refund of unutilized ITC: Delhi HC

June 25, 2024 876 Views 0 comment Print

Learn about the Delhi High Court’s ruling in Svera Agro Ltd. v. Commissioner of Central Tax, stating CA certificates are not needed for GST refund of unutilized Input Tax Credit (ITC).

Delhi HC Restricts Retrospective GST Registration Cancellation

June 25, 2024 285 Views 0 comment Print

The Delhi High Court limits retrospective GST registration cancellation, affecting ITC denial. Read the detailed analysis of Prime Industries vs. Principal Commissioner case.

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