ITC
ITC, Input Tax Credit,ITC rules, ITC GST
DGGI Probe against Racket involving 539 Fake Entities and bogus ITC Claim of Rs. 1,124.66 crores: Arrests Key Operative Person
The Gurugram Zonal Unit of the Directorate General of GST Intelligence (DGGI) has discovered a significant fraudulent input tax credit (ITC) scam...
![Extended Limitation Period on ITC Refund Claim: Karnataka HC Directs Assistant Commissioner of Central Tax for Fresh Consideration [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/HIGHTCOURT-Extended-Limitation-Period-ITC-Refund-Claim-Karnataka-HC-Directs-TAXSCAN.jpg "Extended Limitation Period on ITC Refund Claim: Karnataka HC Directs Assistant Commissioner of Central Tax for Fresh Consideration [Read Order]")
![Duty Credit Scrips Should be Excluded from Value of Exempt Supply to Compute ITC Reversal: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Duty-Credit-Scrips-Value-of-Exempt-Supply-Exempt-Supply-Compute-ITC-Reversal-ITC-Reversal-ITC-AAR-taxscan.jpg "Duty Credit Scrips Should be Excluded from Value of Exempt Supply to Compute ITC Reversal: AAR [Read Order]")
Purchase made for Construction of Shed using Prefabricated Technology Not Eligible for ITC since Categorised under Immovable Property: AARÂ [Read Order]
The Telangana State Authority for Advance Ruling (TSAAR) has held that the inward supply made for the construction of a shed using Prefabricated Technology is not eligible for Input Tax Credit (ITC)...
![Purchase made for Construction of Shed using Prefabricated Technology Not Eligible for ITC since Categorised under Immovable Property: AARÂ [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Purchase-made-for-Construction-shed-property-Construction-of-shed-Construction-of-Immovable-property-AAR-TAXSCAN-1.jpg "Purchase made for Construction of Shed using Prefabricated Technology Not Eligible for ITC since Categorised under Immovable Property: AARÂ [Read Order]")
ITC Claim Eligible on WCS taken for Structure on which Machineries are Fixed to Earth by Foundation and Services taken for Setting Up Plant: AAR [Read Order]
The Gujarat Authority for Advance Ruling (AAR) recently ruled that the Input Tax Credit (ITC) Claim on Works Contract Service taken for Structure on which machineries are fixed to earth by foundation...
Issuance of SCN u/s 74 of JGST Act is mandatory along with Form GST DRC-01: Jharkhand HC directs Re-adjudication [Read Order]
The Jharkhand High Court held that the Show Cause Notice under Section 74 of Jharkhand Goods and Services Tax Act, 2017 (JGST Act) is mandatory along with the Form GST DRC-01. The final orders in...
No ITC available on Structure/Shed Erected on side of Sand Mill and Spray Dryer and on the Structure/Shed/Roof: AAR [Read Order]
The Gujarat Authority for Advance Ruling (AAR) has ruled that no ITC is available on the structure/shed erected on the left side of the Sand mill and spray dryer and on the structure/shed/roof. ...
![No ITC available on Structure/Shed Erected on side of Sand Mill and Spray Dryer and on the Structure/Shed/Roof: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/ITC-ITC-on-Structure-ITC-on-structure-erected-in-left-side-if-sand-mill-and-spray-dryer-ITC-on-structure-erected-Structure-shed-roof-AAR-taxscan.jpg "No ITC available on Structure/Shed Erected on side of Sand Mill and Spray Dryer and on the Structure/Shed/Roof: AAR [Read Order]")
DGFT notifies syncing of ITC (HS) Codes and Import Policy Conditions in line with Finance Act, 2023 and Foreign Trade Policy, 2023 [Read Notification]
The Directorate General of Foreign Trade (DGFT) has notified the revised ITC(HS) Codes and Import Policy Conditions in line with the Finance Act, 2023 and Foreign Trade Policy, 2023. The List of...
