Goods and Services Tax : A supplier cannot issue a GST credit note merely because the buyer has not paid the invoice. The proper remedy is to document the ...
Goods and Services Tax : The article explains how mandatory IMS and the Zero-Mismatch Policy require taxpayers to verify invoices before claiming ITC, maki...
Goods and Services Tax : The article explains how IMS makes accepted invoice records the basis for ITC eligibility, strengthening compliance, fraud detecti...
Goods and Services Tax : The Madras High Court held that retrospective cancellation of a supplier's GST registration alone is insufficient to deny ITC. Aut...
Goods and Services Tax : The article explains why retrospective GST cancellation alone should not result in ITC denial where buyers have complied with Sect...
Goods and Services Tax : Representation addressed to Union Finance Minister, GST Council and CBIC seeks legislative and administrative relief for bona fide...
Goods and Services Tax : Authorities uncovered fraudulent ITC claims based on fake invoices without actual supply of goods or services. The accused was arr...
Goods and Services Tax : Authorities uncovered fraudulent ITC claims exceeding ₹8 crore without actual supply of goods. The ruling highlights that ITC is...
Goods and Services Tax : CGST Delhi South arrested a director for allegedly availing ₹6.53 crore in fraudulent ITC based on bogus invoices worth ₹36.28...
Goods and Services Tax : Government advisories revised the IMS process to stop unfair tax escalation on credit note rejection. The key takeaway is balanced...
Goods and Services Tax : Madras High Court set aside certain GST orders after holding that DRC-01 notice should have preceded adjudication following the ea...
Goods and Services Tax : Odisha AAR held that questions relating to refund of accumulated ITC under Section 54(3) are not maintainable under the advance ru...
Goods and Services Tax : The High Court granted regular bail in a GST fraud prosecution after noting that the investigation had been completed, the complai...
Goods and Services Tax : The SC declined to interfere with the High Court ruling that Rule 86A cannot be used to create a negative Electronic Credit Ledger...
Goods and Services Tax : The High Court held that Rule 86A permits blocking only of input tax credit actually available in the Electronic Credit Ledger. Ne...
Goods and Services Tax : GSTN has launched a standardized Annexure-B Offline Utility for refund applications involving accumulated ITC to enable automated ...
Goods and Services Tax : The portal will restrict GSTR-3B filing if ITC reclaims exceed ledger balances. The key takeaway is mandatory correction of excess...
Goods and Services Tax : The Delhi government allows registered taxpayers to rectify GST orders where previously denied ITC is now eligible under section 1...
Goods and Services Tax : Rajasthan GST circular directs officers to reject Input Tax Credit claims for taxpayers who register after 30 days from becoming l...
Goods and Services Tax : Learn about the Rajasthan Commercial Taxes Department's new directive on verifying and rejecting Input Tax Credit claims for busin...
Patna High Court upheld ITC blocking under Rule 86A due to a non-existent supplier, deeming it an interim measure. The court noted the availability of a review remedy under guidelines.
Supreme Court upholds Gujarat High Court ruling, allowing GST appeal pre-deposits via Electronic Credit Ledger, providing relief for taxpayers.
Supreme Court dismisses appeal, affirming ITC refund claims for inverted duty structure prior to July 18, 2022, cannot be denied based on filing date.
Allahabad HC dismisses plea against GST demand on ITC from fake firms. Rules claims without actual supply fall under S.74 fraud, upholds pre-deposit for appeal.
Delhi HC upholds GST demand for wrongful ITC use, allows appeal route for Pret Study By Janak Fashions despite finding lack of diligence in original process.
Ambiguities in new GST law for Input Service Distributors, including RCM credit and distribution process, create uncertainty for businesses.
Gujarat GST Authority for Advance Ruling rejects application on ITC refund restriction for clay producer, citing lack of jurisdiction on refund matters.
Gujarat GST AAR rules input tax credit not allowed on factory building construction, including PEB structure and crane supports, classifying them as blocked civil structures.
Calcutta High Court directs WB Tax Board to re-verify ALD Automotive VAT ITC claim after noting discrepancies in document submission.
Delhi HC dismisses plea against fraudulent ITC demand, notes pattern of writ misuse in fraud cases, imposes ₹1 lakh cost for contradictory stands.
