CESTAT allows Cenvat Credit on Invoices issued by Unregistered Dealer, when Actual Receipt of Goods not Disputed [Read Order]
The Kolkata Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) allowed the cenvat credit on invoices issued by unregistered dealer, when actual receipt of goods not disputed. The appellant, M/s. Marco Blowers
Income Tax Department issues Guidance on uploading of Manually submitted Form 15CA and Form 15CB with Authorised Dealers
The Income Tax Department has issued the Guidance on uploading of Manually submitted Form 15CA and Form 15CB with Authorised Dealers between 7th June to 15th August 2021 in accordance with Press Release dt. 20th
No Sales Tax Evasion Assumption on Dealers merely on Unmaintained Books during Cancelled Registration: Orissa HC [Read Order]
In a recent ruling, the Orissa High Court ruled that non-maintenance of books of account by the dealer whose registration has been cancelled under Section 9(3-f) of the Orissa Sales Tax Act 1947 cannot be
Forex dealers paid Cash for Purchase of Foreign Currency can be exempt as per 6DD(l): ITAT [Read Order]
The cash paid by the forex dealers for the purchase of foreign currency can be exempt as per 6 DD(1) of the Income Tax Act,1961, the Chennai bench of the Income Tax Appellate Tribunal (ITAT)
Denial of ITC due to Cancellation of GST registration of Other Dealer: Calcutta HC directs Re-Adjudication [Read Order]
A Division Bench of the Calcutta High Court recently remanded a Goods and Services Tax (GST) matter to the adjudicating authority to reconsider the denied Input Tax Credit (ITC) claim of the appellant on grounds
Irrespective of Turnover, Dealers Eligible for Input Tax Credit under GST regime, says Puducherry Tax dept.
All the dealers, immaterial of their turnover are eligible for full Input Tax Credit (ITC) on the purchase/receipt of goods or services used in the course of furtherance of business, said Commercial Taxes deparment, Government
Relief to Maruti Suzuki: CESTAT allows Cenvat Credit for Skill Competition between Dealers and Employees [Read Order]
In a major relief to Maruti Suzuki, the Chandigarh Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) allowed the cenvat credit for Skill Competition between dealers and employees. The appellant, M/s Maruti Suzuki
Madhya Pradesh HC quashes CST Assessment since No Opportunity of Cross-Examination was allowed to Dealer [Read Judgment]
The Madhya Pradesh High Court held that reasonable opportunity of being heard is a prerequisite for best judgment assessment and quashed assessments made under the Central Sales Tax Act by finding that the dealers were
VAT Authorities has no Power to assess Dealer during the Existence of Composition Certificate: Karnataka HC [Read Judgment]
The Karnataka High Court held that the prescribed authorities under the Karnataka value added Tax (KVAT) Act has no power to assess the petitioner-dealer under VAT Scheme for the period when the composition certificate issued
VAT Refund Claim of Registered dealers under C Form not be denied as being ‘Unverified’: Delhi HC [Read Order]
The Delhi High Court bench comprising of Justice Vibhu Bakhru and Justice Purushaindra Kumar Kaurav, in a Writ Petition, directed the Value Added Tax Officers (VATO) to process the refund claim under C Form of
Benefit of ITC not available on payment to third party and not to selling dealer under WBVAT Act: Calcutta HC [Read Order]
In a recent decision the Calcutta High Court observed that the benefit of input tax credit ( ITC ) not available on payment to third party and not to the selling dealer under the West
Kerala-Based Dealer Hit with ₹1.86 Lakh GST Fine for Alleged Tax Irregularities in Plastic Cover Consignment
On the night of November 16, 2023, a Kerala-based dealer found themselves in a predicament as Goods and Services Tax (GST) officials levied a penalty of ₹1.86 lakh in relation to a shipment of plastic
Service Tax not payable on Discounts offered by Car Manufacturers to their Dealers for Onward Transmission to Corporate Customers: CESTAT [Read Order]
The Mumbai Bench of Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) ruled that the Service Tax is not payable on Discounts offered by car manufacturers to their dealers for onward transmission to corporate customers.
Exchange of Old Cars for New Ones by Dealer would not amount to ‘Business Auxiliary Service’: Kerala HC [Read Judgment]
In CCE, Eranakulam v. M/s Sai Service Station Ltd, a division bench of the Kerala High Court held that a dealer engaged in exchanging old cars for new ones is not liable to pay Service
Transaction cannot be Suspected because Cancellation GST Registration of Other End Dealer with Retrospective Effect: Calcutta HC [Read Order]
A two-judge bench of the Calcutta High Court has held that the transaction cannot be suspected merely on ground that the GST registration of the other-end dealer was cancelled with retrospective effect. Justice T. S.