Taxpayers often face confusion when goods are returned after a change in GST rates. A common question is whether the revised rate or the rate applicable at the time of the original supply should be applied while issuing a credit note.

The tribunal noted that the CIT(A) had not verified whether the service tax was actually received or routed through accounts and had not obtained a remand report from the AO

All actions and proceedings initiated under the previous framework will continue to remain valid under the new regulations