The High Court of Delhi, keeping in view the serious allegations of wrongful availment of Input Tax Credit (ITC) directed the Directorate General of Goods and Services Tax Intelligence (DGGI) as well as the Commissioner...
The GST anti-profiteering authority has found real estate firm Emaar MGF guilty of profiteering and directed it to return the amount to the homebuyers. The applicants, who were the buyers of the flats, had alleged...
The Goods and Services Tax (GST) has completed almost three years of operation. Hailed as the single-biggest tax reform, the GST was rolled out with a gong in a special session of Parliament three years...
The Central Board of Indirect Taxes and Customs (CBIC) issued the internal instruction on the TRAN-1 writ petition filed in various High Courts. A number of the writ petition, PIL and appeals have been or...
The Central Board of Indirect Taxes and Customs (CBIC) on Saturday notified the further extension of the period to pass orders relating to refund of unutilized Input Tax Credit (ITC) under Section 54(7) of CGST...
The National Anti-Profiteering Authority (NAA) observed that the M/s Radicon Infrastructure & Housing Pvt. Ltd. denied the benefit of Input Tax Credit (ITC) to buyers of flat under Project ‘Vedantam’. So the penalty under Section...
The National Anti-Profiteering Authority (NAA) imposed the penalty on M/s Elegant Properties for denying the benefit of Input Tax Credit (ITC) to buyers of flats. The Applicant, Kamal Nayan Singhania alleged profiteering by the Respondent,...
The Authority for Advance Ruling(AAR), Himachal Pradesh ruled that no Input Tax Credit (ITC) will be available for a registered taxpayer renting transportation for employees which is not obligatory under any law, for the time...
The Gujarat Authority of Advance Ruling (AAR) ruled that the Input Tax Credit (ITC) shall not be available under the CGST Act, 2017, on the project development services like Programme management consultancy, Marketing Consultancy, Land...
The High Court of Karnataka granted the anticipatory bail to the petitioner alleged to have involved in fraudulent availment of Input Tax Credit (ITC) on the basis of invoices without actual supply of goods in...
The National Anti-Profiteering Authority (NAA), while agreeing with the findings of the Director-General of Anti-Profiteering (DGAP) ruled that the Constructor neither benefited from additional Input Tax Credit (ITC) nor there was tax reduction in the...
The Central Board of Indirect Taxes and Customs (CBIC) on Wednesday issued the clarification on refund of Input Tax Credit (ITC) where details aren’t reflected in Form GSTR-2A. In some of the cases refund sanctioning...
The Punjab and Haryana High Court dismissed a writ petition seeking quashing of panchnama and a direction to respondents, Union of India to return all the documents and records seized filed by Shri Vishnu Processors....
The High Court of Rajasthan while keeping in view that the petitioners are already in jail for 450 days and no further investigation or recovery is to be made for the purpose of the case...
The Authority of Advance Ruling (AAR), Karnataka ruled that no Input Tax Credit (ITC) can be claimed on the tax invoice addressed to foreign buyers, if the applicant is not the recipient of goods. The...
The High Court of Rajasthan has rejected the bail application of the person accused of wrongful availment of Input Tax Credit (ITC) until the investigation is complete. The court directed that investigation be completed within...
The National Anti Profiteering Authority (NAA) has found real estate firm Emaar MGF, a subsidiary of the biggest UAE property developer guilty of profiteering of Rs. 13.35 crore and directed it to return the amount...
The Central Board of Indirect Taxes (CBIC) on Wednesday issued changes in Standard Operating Procedure (SOP) dated January 23, 2020, for the purpose of verification of Integrated Goods and Service Tax (IGST) and other related...
The Institute of Company Secretaries of India (ICSI) on Monday wrote a letter to the Finance Minister, Nirmala Sitharaman requesting the amendment in Goods and Service Tax (GST) due to COVID-19. The letter while emphasizing...
GST TRAN -1 is filed by those taxpayers who are eligible to claim the credit on the tax already paid in the pre-GST regime as per section 140 of the CGST Act, 2017 read with...
The High Court of Delhi allowed the petitioner Bharti Airtel to rectify Form GSTR-3B for the period to which the error relates. Petitioner, Bharti Airtel Limited is engaged in the business of providing telecommunication services...
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