The Kerala Authority for Advance Ruling (AAR) ruled that Distributors are liable to pay GST and also eligible to avail Input Tax Credit ( ITC ). The applicant is an authorized distributor of Castrol India...
The National Anti- Profiteering Authority ( NAA ) held that if the builders have denied the benefit of ITC to the buyers, by virtue of Section 171 of the CGST Act, 2017 they were liable...
The Jharkhand High Court has held that Input Tax Credit ( ITC ) cannot be denied for the petitioner who had discharged all the tax liabilities and not petitioners fault if selling dealer had made...
Upcoming Budget 2020, ASSOCHAM President Dr. Niranjan Hiranandani today said that concerted efforts by the Hon’ble Prime Minister Shri Narendra Modi himself in his outreach to wider sections of the industry and other key stakeholders,...
The National Anti-Profiteering Authority (NAA) has held that the benefit of Input Tax Credit (ITC) should not be denied to buyers. The Order was rendered by NAPA comprising of Chairman, B.N. Sharma and two other...
The Tamil Nadu State Appellate Authority for Advance Ruling (AAAR) held that Head office adopting the value for supply to other branches is eligible for Input Tax Credit (ITC) as provided under Proviso 2 to...
The Tamilnadu State Appellate Authority for Advance Ruling (AAAR) held that Input tax credit of tax paid by Head office for the furtherance of business, subject to other conditions of eligibility to such credit as...
The Karnataka High Court has held that the Input Tax Credit ITC claim not shown in the VAT Return cannot be availed through merely filing Form 240. The Court observed that, When the statutory provision...
The National Anti- Profiteering Authority ( NAA ) held that if the builders have denied the benefit of ITC to the buyers, then liable to be punished for profiteering in contravention of provisions of Section...
Acting on intelligence regarding claim of fraudulent IGST refunds on exports by M/s Gita Fabrics, Surat, as received from Chief Commissioner’s Office, Vadodara, Central GST (CGST)& Central Excise, Surat Commissionerate has unearthed a case of...
The Madurai Bench of Madras High Court held that registered person making zero rated supply shall be eligible to claim IGST refunds, irrespective of the circular on clarifications on exports related refund issues (Circular No.37/2018-Customs,...
The Authority of Advance Ruling (AAR), Tamil Nadu ruled that Input Tax Credit (ITC) is not available on against any goods or services received by the applicant for construction of the Marriage Hall on his...
The Central Board of Indirect Taxes and Customs ( CBIC ) on December 26th, 2019 by virtue of Notification Number 75/2019 notified the CGST rule (Ninth Amendment), 2019 concerning the denial of credit. The eligible...
The Authority of Advance Ruling ( AAR ) has ruled that, New Goods and Services Tax (GST) rates are not applicable to the construction of Commercial Space. In a recent case, the applicant M/S Team...
The Central Board of Indirect Taxes and Customs (CBIC) on said that it has paid IGST refund worth over Rs 1.12 lakh crores to more than 83,500 exporters to date. The CBIC also said that,...
The National Anti Profiteering Authority ( NAA ) in a case filed against M/s Caroa Properties LLP held that the respondent had denied the benefit of ITC to the buyers of the flats and the...
In a major operation, sleuths of DGGI, the Chennai Zonal unit carried searches lasting two days during the 19th to 20th of December at several premises and unearthed a GST fraud involving rupees Rs.900 Crores,...
Acting on Intelligence received from Chief Commissioner’s Office, CGST Vadodara, Central GST & Central Excise, Surat Commissionerate has unearthed a case of a fraudulent claim of IGST refunds on exports made by Surat-based 03 firms,...
The DGAP in a complaint against M/s Johnson & Johnson Pvt Ltd held them liable of profiteering directing them to reduce his prices commensurately. The Respondent has been alleged of not passing on the benefit...
The Kerala High Court has allowed the petitioner to upload the Form GST TRAN-1 despite having attempted to do so on 27.12.2017. The Petitioner, who was registered under the erstwhile tax regime was eligible to...
In a recent case, the National Anti-Profiteering Authority held that if the respondent has denied the benefit of ITC to the buyers, then provisions of Section 171 of the CGST Act, 2017 have been contravened...
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