Income Tax : Know the key provisions of Sections 194Q and 206C(1H) on TDS and TCS for sale or purchase of goods, including thresholds, rates, e...
Goods and Services Tax : Supreme Court rules VAT is leviable on materials (like ink/chemicals) used in a works contract, even if consumed, as property tran...
Goods and Services Tax : The Supreme Court affirmed that an innocent buyer cannot be denied ITC solely due to the seller's failure to remit tax or file ret...
Goods and Services Tax : This article analyzes if judicial rulings (including Supreme Court's 'Arise India') that declared 'seller non-payment' clauses unc...
Custom Duty : The SEZ Act, 2005, prevails over the Customs Act, 1962, ensuring no export duty is levied on goods transferred from Domestic Tarif...
Goods and Services Tax : Explore Supreme Court's scrutiny of whether supplying cranes for services like loading, unloading, lifting, and shifting qualifies...
Goods and Services Tax : Goa (Recovery of Arrears of Tax, Interest, Penalty, Other Dues through Settlement) Act, 2023 The Goa (Recovery of Arrears of Tax, ...
Goods and Services Tax : HIGHLIGHTS OF THE MAHARASHTRA STATE BUDGET SPEECH DATED 9TH MARCH, 2023 BY HONOURABLE DEPUTY CHIEF MINISTER (FINANCE) SHRI DEVENDR...
Goods and Services Tax : office of the Jt. Commissioner of State Tax. (HQ-1) F-Wing, 7th floor, New bldg, GST Bhavan, Mazgaon, Mumbai-400010. Tel No. 022 2...
Goods and Services Tax : Rajasthan VAT – ITC Mismatch/ Verification Date Extended to 31.03.2022 & In some cases requirement of Affidavit also R...
Income Tax : The Tribunal ruled that cash deposited from recorded demonetisation-period sales cannot be treated as unexplained when books and V...
Goods and Services Tax : The Court examined whether diesel used through service providers could escape VAT liability. It held that in the absence of proof ...
Goods and Services Tax : The court clarified that exemption notifications must be applied as issued and cannot be altered by importing supposed intent. Any...
Goods and Services Tax : The case concerned a challenge to VAT enforcement on liquor retail shops. The Court ruled that statutory tax requirements cannot b...
Goods and Services Tax : The court held that interest is payable when the actual refund is made after the statutory 90-day period, even if the refund order...
Goods and Services Tax : Madhya Pradesh Government notifies deemed assessment for 2023-24 VAT cases for eligible petrol pumps, outlining conditions and app...
Goods and Services Tax : Goa Finance Dept issues circular clarifying proper discount treatment in tax invoices under GVAT Act, 2005, and outlines correct V...
Corporate Law : Maharashtra amends MVAT Act with retrospective effect from 2005, clarifying tax exemptions, deemed sales, and first charge provisi...
Goods and Services Tax : Maharashtra Sales Tax Tribunal (MSTT) launches a website for case updates, hearings, and judgments, replacing physical cause lists...
Finance : Maharashtra amends VAT Rules 2005 to introduce Rule 34A, mandating the publication of pending appeal cases on the common portal. D...
The Tribunal ruled that cash deposited from recorded demonetisation-period sales cannot be treated as unexplained when books and VAT turnover are accepted. Suspicion without evidence cannot justify section 69A additions.
The Court examined whether diesel used through service providers could escape VAT liability. It held that in the absence of proof of purchases from registered dealers, VAT was rightly levied.
The court clarified that exemption notifications must be applied as issued and cannot be altered by importing supposed intent. Any attempt to add or curtail benefits retrospectively was held to be beyond legislative delegation.
The case concerned a challenge to VAT enforcement on liquor retail shops. The Court ruled that statutory tax requirements cannot be stayed when the law itself is not under challenge.
The court held that interest is payable when the actual refund is made after the statutory 90-day period, even if the refund order was passed earlier.
The High Court held that evaded turnover cannot be enhanced arbitrarily based on one fake invoice. Estimation must be proportionate to evidence and based on reasonable judgment.
The Supreme Court upheld mandatory pre-deposit conditions under the VAT law, ruling that appeals can be lawfully restricted by statutory payment requirements.
The court held that a VAT assessment without serving the required Form-25 notice is void, and any recovery made is unlawful. Tax authorities must ensure proper communication to enforce assessments.
The Court held that brief delays in producing documents during transit do not constitute grounds for a Section 48(5) VAT penalty, setting aside the penalty imposed on the assessee.
The Court held that penalty proceedings issued six to nine years late under the repealed VAT law were unreasonable and without jurisdiction. It ruled that powers must be exercised within a reasonable timeframe and quashed all notices and orders.
