The recent surge in tax revenue has provided temporary relief for the cash-strapped state government, allowing the state treasury to exit its overdraft status. Prior to this, the treasury had been in overdraft for nearly

Recently, the Allahabad High Court has held that, it is clear that only violation is a technical  one wherein E-Way Bill was not present in the vehicle”, while quashing the Goods and Services Tax (GST)

In a recent case, the Allahabad  High Court, while allowing the appeal held that non filing of Part-B of the e-way bill, without any proof of intention to evade tax, would not lead to the

This weekly round-up analytically summarizes the key stories related to the Supreme Court and High Court reported at Taxscan.in from May 04th, 2024 to May 10th, 2024. SUPREME COURT Amounts covered by Security deposits under

The GST Appellate Tribunal ( GSTAT ) has finally started to begin its baby steps towards functioning with the appointment of its first president, Justice (retd) Sanjaya Kumar Mishra. Legal experts have praised this move

This weekly round-up analytically summarises the key stories of the Supreme Court & High Court cases reported at taxscan.in, from April 20th, 2024 to May 3rd, 2024. SUPREME COURT Compounding of Offence u/s 137 of

This weekly round-up analytically summarizes the key stories of the Customs, Excise, and Service Tax Appellate Tribunal ( CESTAT ) reported at taxscan.in, from April 20, 2024  to May 3, 2024. Value of Services Provided

In a significant crackdown on fraudulent tax practices, the Central Crime Station ( CCS ) of the Hyderabad police has apprehended five Goods and Services Tax ( GST ) officials, including a deputy commissioner, for

The Kerala High Court held that the Appellate Authority under the Goods and Service Tax Act, 2017 (GST Act) is empowered to make further enquiry after deciding that order is erroneous. The present writ petition

In a joint operation involving officials from the Sector 20 police station and the Noida crime response team, three individuals were apprehended in connection with a ₹10,000 crore GST irregularities case, stated senior police officers.

The Insolvency Bankruptcy Code consolidates and amends the laws relating to re organisation and insolvency resolution of corporate persons, partnership firms and individuals in a time-bound manner for maximization of value of assets of such

The Calcutta High Court held that the GST Department is not empowered to compute penalty amount on higher value than invoice value without proper evidence. The writ petition was filed challenging an order passed by

The Delhi High Court held that the Show Cause Notice ( SCN ) without details or particular on demand of Goods and Service Tax ( GST ) is Invalid. The court found that the subject

Fintech startup Cred recently secured preliminary approval from the Reserve Bank of India ( RBI ) for its payment aggregation ( PA ) business, a significant milestone on the path to final approval. This approval

In a recent case, the Kolkata bench of the Customs, Excise And Service Tax Appellate Tribunal ( CESTAT ) held the assessee eligible for the refund of Service Tax which was rejected on the ground