GST Valuation Rules – Need of Law or Burden for Dealer?
GST stands for "Goods and Services Tax", and is proposed to be a comprehensive indirect tax levy on manufacture, sale and consumption of goods as well as services at the national level. It will replace all
Delhi HC Reads Down Provision denying Input Tax Credit to Purchasing dealers for Default of Selling Dealers under DVAT Act [Read Judgment]
Input tax credit cannot be denied to a purchasing dealer by invoking section 9(2)(g) of the Delhi Value Added Tax (DVAT) Act where the dealer has entered  into a transaction in good faith, a two-judge
ITC not Sustainable when Supplying Dealer has not Paid to Government, despite Collection of Tax from Purchasing Dealer: Patna HC [Read Order]
In a major decision the Patna High Court observed that Input Tax Credit (ITC) is not sustainable when the supplying dealer has not paid to the Government, despite collection of tax from the purchasing dealer.
Maggi Noodles Dealer punished for Anti-Profiteering Charges [Read Order]
In a consumer-favour ruling, the National Anti-Profiteering Authority (NAA) has punished the Maggi Noodles Dealer for not passing the reduced GST rate benefits to the consumers. Before the authority, the applicant alleged that when he
Orissa HC revokes GST Registration Cancellation on failure of Dept. to prove purchasing dealer deliberately availed of ITC knowing that selling dealer was not in existence [Read Order]
The Orissa High Court revoked the GST Registration Cancellation on the failure of the Department to prove the purchasing dealer deliberately availed of Input Tax Credit (ITC) knowing that the selling dealer was not in
Composition Dealers to be prohibited from charging GST from Consumers
The Central Government is likely to mandate composition dealers and service providers to declare their GST registration status in invoices to ensure that they do not charge any tax from buyers. This is to ensure
Treating Purchase from Unregistered Dealer is Valid when Dealer Fails to Prove Actual Physical Movement of Goods: Allahabad HC Allows Sales Tax Revision [Read Order]
In a recent case, the Allahabad High Court while allowing a tax revision petition, held that treating a purchase from an unregistered dealer is valid when the dealer fails to prove actual physical movement of
Dealers eligible for ITC on Demo Cars: AAR [Read Order]
The Maharashtra Authority for Advance Ruling (AAR) held that Input tax credit (ITC) charged on inward supply of demo cars which is used for Demonstration purpose in the course of business of supply of Motor
Patanjali Dealer penalized by NAA for Anti-profiteering Charges [Read Order]
The National Anti-profiteering Authority ( NAA ) has found a dealer of Patanjali guilty for not passing the benefit of GST rate reduction to the customers. While disposing of the complaint, the authority has asked
No Service Tax on Discount from Vehicle Manufacturer by Dealer: CESTAT [Read Order]
The Ahmedabad Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), ruled that no service tax on Discount from Vehicle Manufacturer by Dealer. The issue involved in the present case is that whether
Amnesty Scheme for VAT dealers in Kerala: 70% Penalty & Interest can be waived
Kerala Finance Minister T.M. Thomas Isaac, in his budget, has announced an amnesty scheme for redressing the tax disputes of Value Added Tax dealers. During the budget speech for 2017-18, Dr. Isaac said if the
GST Registration: Aadhaar Verification Mandatory for New Dealers from Jan 2020
The GST Network on Saturday decided to make Aadhaar authentication or physical verification mandatory for GST Registration from January 2020. The 35th GST Council meeting held under the Finance Minister Nirmala Sitharaman has approved the
NCLAT sets aside Nike India’s Plea to initiate Insolvency against Dealer
The National Company Law Appellate Tribunal (NCLAT), New Delhi Bench dismissed a petition filed by Nike India to initiate insolvency proceedings against one of its dealers. The Tribunal upheld the orders of the National Company Law Tribunal
Benefit of Compounding cannot be given to Additional Works which were not declared by Dealer: Kerala HC [Read Judgment]
The Kerala High Court, recently held that the additional works which were not declared by the dealer can assessed under the normal provisions under Section 6(1) of the Kerala Value Added Tax Act. Justice Jayasankar
Breaking: NAA confirms Anti-Profiteering Charges on Maybelline Dealer [Read Order]
The National Anti-profiteering Authority ( NAA ) has confirmed the anti-profiteering charges against the dealer of “Maybelline FIT Me foundation” product for not passing the GST benefits to the consumers. The applicant approached the anti-profiteering