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...
Delhi High Court rules blocking of GST Input Tax Credit (ITC) under Rule 86A cannot exceed one year, providing relief to Shri Sai Ram Enterprises.
Orissa HC to hear dispute on GST Section 74 invocation despite voluntary ITC reversal before audit, examining jurisdictional issue and potential benefit under S. 128A.
Faridabad court denies bail to accused in ₹23.66 crore GST fraud case, citing gravity of economic offence and risk of tampering with evidence.
Uttarakhand HC criticizes GST department for unlawfully blocking ITC before notice, questioning legal basis and urging compliance with GST Act.
Understand GST implications on capital goods sale as per Section 18(6) and Rule 40(2). Learn about ITC calculation, quarterly reduction, and GSTR-1 reporting.
Overview of GST Section 17(5): Details on blocked Input Tax Credit (ITC) for vehicles, services, construction, personal use, and other restrictions.
Rajasthan High Court rules telecom towers and pre-fabricated buildings are capital goods, eligible for GST/CENVAT input tax credit, citing Supreme Court precedent.
The Jharkhand High Court ruled against GST authorities for denying ITC solely on GSTR-2A mismatch, citing procedural violations and lack of a fair hearing.
Punjab & Haryana HC allows rectification of GST orders under Section 16 amendments with retrospective effect. Taxpayers can apply until April 15, 2025.
Gujarat VAT Tribunal allows ITC to Ambika Brass Products, rejecting department’s claim of fictitious transactions based on supplier registration issues.
