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Input Tax Credit

ITC Misplacement in GSTR-3B, Not able to Reply Notices as uploaded in 'Additional Notices' Tab: Madras HC allows to Contest on 10% Pre-deposit [Read Order]

Navasree A.M

In a recent ruling, the Madras High Court allowed it to contest the order on 10% pre-deposit condition as agreed by the petitioner in the case of...

GST Case Digest on Rejection of ITC Claims based on GSTR-2A vs GSTR-3B Mismatch

GST Proceedings on Fraudulent ITC Barred against Purchaser for Supplier's Tax Non-Payment:...

GST Authorities not estopped from taking action against Wrongful Claim of ITC Based on Non-Existent...

Rs. 6.67 Crore GST Evasion Case: Gujarat HC Grants Bail to Metal Industries Proprietor [Read Order]

GST Evasion by Metal Scrap Trade in Kerala: One Arrested

The State Goods and Services Tax ( SGST ) department has arrested one person in connection with tax evasion running into crores of rupees detected in the metal scrap trade in the State. The...

Services by Co-Operative Housing Societies: Goods and Services Tax Leviable or Not?

Co-operative Housing Societies are entities registered under the co-operative laws of the respective States. Definition of “Housing Society” According to Section 2(16) of the Maharashtra...

Services Tax - Co-Operative Housing Societies - Goods and Services Tax - co-operative laws - Tax Leviable - tax news - taxscan

Non-Application of mind by Proper Officer: Delhi HC to consider Reversal of Erroneously availed ITC TRAN-I [Read Order]

The Delhi High Court directed to consider the reversal of erroneously availed input tax credit (ITC) TRAN-1 as there was no application of mind by the Proper Officer. The Petitioner impugned the...

GST Evasion in Construction, Works Contracts crosses ₹10,000 crore in FY24

As per the report of the Directorate General of GST Intelligence ( DGGI ) the GST evasion in construction amd works contracts crosses ₹10,000 crore in FY24. The Directorate General of GST...

IDBI Bank receives Rs 2.97 Crore GST Demand Order for Dehradun State Tax Dept

IDBI Bank received Rupees 2.92 crores GST demand notice from the Dehradun State Tax Department. The GST demand notice was sent for alleged excess availment of input tax credit (ITC). The IDBI Bank...

The Reverse Charge Mechanism in GST: A Must-Know for Businesses

The collection of Goods and Services Tax (GST) is typically the responsibility of the goods or services supplier, who is required to collect the tax from the recipient and remit it to the government....

GST - Reverse Charge Mechanism in GST - Reverse Charge Mechanism - Taxscan

Service Tax Demand Order: Shares of Yes Bank dips to 3.44%

The shares of Yes Bank dips to 3.44% after a service tax demand notice was issued to the banking institution. The shares of Yes Bank dipped 3.44 per cent at Rs 24.55 a per share on the BSE in the...

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