This annual round-up analytically summarizes the key Direct and Indirect Tax Judgments of the Supreme Court and all High Courts of India reported at Taxscan.in during 2024. Change of Opinion is not reason to believe

In an official press release issued on December 10, 2024, the GST department announced the discovery of an enormous Rs. 35,132 crore Input Tax Credit ( ITC ) fraud involving 17,818 fake firms. This is

75% Gross Profit Earned from Indian Operations: Delhi HC upholds Direction of the AO to Adopt Attribution Rate of Revenue THE COMMISSIONER OF INCOME TAX vs TRAVELPORT GLOBAL DISTRIBUTION SYSTEMS B.V 2024 TAXSCAN (HC) 192 Delhi

In a recent ruling, the Madras High Court set aside a goods and services tax (GST) assessment due to order procedural lapses in an input tax credit (ITC) dispute. In this case, the petitioner had

The Goods and Services Tax ( GSTN ) has issued an advisory on the difference in value of Table 8A & 8C of the GST Annual Returns FY 2023-24. In line with Notification No. 12/2024-Central

In a recent ruling, the Madras High Court dismissed a writ petition as infructuous as the relief sought by the petitioner was no longer valid and held that according to Rule 86A(3) of the CGST

In a recent ruling, the Madras High Court set aside the assessment order in a GST dispute and granted the petitioner a final opportunity to deposit 10% of the disputed tax within four weeks. The

The Madras High Court sets aside GST ITC disallowance under Section 16( 4 ) of the Goods and Service Tax Act, 2017 for belated filings, owing to S.16( 5 ) insertion. In this case, the

In a recent ruling, the Rajasthan High Court confirmed that Central Tax Officers and the Directorate General of Goods and Services Tax Intelligence ( DGGI ) have nationwide authority to issue Show Cause Notices (

Penalties under the Central Excise Rules, 2002 are imposed for non-compliance with various provisions of the Central Excise Act, 1944. It was aimed to prevent evasion of duties, and maintain discipline in excise administration. Penalty

The Joint Commissioner (Appeals), being the First Appellate Authority of Goods and Services Tax (GST) matters recently affirmed that no refund of voluntarily paid tax or reversal of Input Tax Credit (ITC) already paid may

In a recent ruling, the Madras High court has ruled that the Input Tax Credit ( ITC ) is not available under the Goods and  Services Tax ( GST ) for the goods purchased for

In a recent case, the Allahabad bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT)upheld the denial of cenvat credit against pepsico as manpower supply services and anti termite or pesticide treatment services

This weekly round-up analytically summarizes the key stories related to the Supreme Court and High Court reported at Taxscan.in during the previous week 30th November 2024 to 6th December 2024. Enormous Delay of 1788 Days

This annual round-up analytically summarizes the key Direct and Indirect Tax Judgments of the Supreme Court and all High Courts of India reported at Taxscan.in during 2024. Confiscation of Digital Multifunction Equipment due to Non-payment