GST Evasion: CGST Officials unearth Input Tax Credit fraud of around Rs 34 cr involving 7 Firms
Based upon specific intelligence, the officers of the Anti Evasion branch of Central Goods and Service Tax (CGST) Commissionerate, Delhi (East) have...
![SC dismisses Transfer Petition of UOI pending before Various HC challenging Constitutional validity of Section 16(2)(c) of the CGST Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/09/Supreme-Court-Transfer-Petition-UOI-CGST-Act-taxscan.jpeg "SC dismisses Transfer Petition of UOI pending before Various HC challenging Constitutional validity of Section 16(2)(c) of the CGST Act [Read Order]")
![GST: CBIC issues clarification on Cut-off date for availing Input Tax Credit in Debit Notes [Read Circular]](https://www.taxscan.in/wp-content/uploads/2021/09/GST-CBIC-Input-Tax-Credit-Debit-Notes-Taxscan.jpg "GST: CBIC issues clarification on Cut-off date for availing Input Tax Credit in Debit Notes [Read Circular]")
![GST: ITC not allowable on Expired Cakes & Pastries and Needs to be Reversed, rules AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/09/ITC-cakes-pastries-AAR-Taxscan.jpeg "GST: ITC not allowable on Expired Cakes & Pastries and Needs to be Reversed, rules AAR [Read Order]")
![UP Commercial Tax Commissioner issues Guidelines for Attachment of Property under UPGST Act [Read Circular]](https://www.taxscan.in/wp-content/uploads/2021/08/Uttar-Pradesh-Commercial-Tax-Commissioner-attachment-of-Property-UPGST-Act-Taxscan.jpg "UP Commercial Tax Commissioner issues Guidelines for Attachment of Property under UPGST Act [Read Circular]")
Input Tax Credit can’t be Reversed on Loss of Inputs during a Manufacturing Process: Madras HC [Read Order]
The Madras High Court held that the Input Tax Credit (ITC) cannot be reversed in Respect of Loss of Inputs During a Manufacturing Process. The petitioner, M/s.R.K.Ganapathy Chettiar raised the...
![Input Tax Credit can’t be Reversed on Loss of Inputs during a Manufacturing Process: Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/08/Madras-High-Court-ITC-Taxscan.jpeg "Input Tax Credit can’t be Reversed on Loss of Inputs during a Manufacturing Process: Madras HC [Read Order]")
GST Evasion: CGST authorities bust Input Tax Credit fraud of more than Rs 31,000 cr involving more than 7,200 cases in FY 2020-21
The Goods and Services Tax authorities have unearthed over Rs 31,000 crore of tax fraud committed by misuse of input tax credit (ITC) provision under the Goods and Services Tax (GST) regime during...
Discrimination in terms of Time Limit to allow availment of ITC is Arbitrary and Unreasonable: Kerala High Court [Read Judgment]
The Kerala High Court ruled that the discrimination in terms of time limit to allow availment of the Input Tax Credit (ITC) is arbitrary and unreasonable. The Revenue department has assailed the...
![Discrimination in terms of Time Limit to allow availment of ITC is Arbitrary and Unreasonable: Kerala High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/07/ITC-Kerala-High-Court-Taxscan.jpg "Discrimination in terms of Time Limit to allow availment of ITC is Arbitrary and Unreasonable: Kerala High Court [Read Judgment]")
Restriction on claiming of ITC of particular year till Due Date of Filing Sept. Return of Next Financial Year should be done away with: AIFTP [Read Letter]
The All India Federation of Tax Practitioners (AIFTP) clarified that restriction on claiming Input Tax Credit (ITC) of a particular year till the due date of filing September Return of next Financial...
