![Transformer Dispute: Supreme Court Directs SPML Infra to Submit Affidavit Disclosing ITC Benefits and Transformer Usage Details with Balance Sheet [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2023/10/Transformer-Dispute-Supreme-Court-Directs-SPML-Infra-Affidavit-Disclosing-ITC-Supreme-Court-Balance-Sheet-taxscan.jpg "Transformer Dispute: Supreme Court Directs SPML Infra to Submit Affidavit Disclosing ITC Benefits and Transformer Usage Details with Balance Sheet [Read Judgement]")
Transformer Dispute: Supreme Court Directs SPML Infra to Submit Affidavit Disclosing ITC Benefits and Transformer Usage Details with Balance Sheet [Read Judgement]
The Supreme bench, while entertaining the appeal filed by the East India Udyog Ltd, has directed the SPML Infra Ltd (respondents) to submit the...
![Tax for which ITC is claimed Reflected in Form GSTR 2A: Kerala HC quashes Assessment Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Tax-ITC-GSTR-Kerala-High-Court-quashes-Assessment-Order-taxscan.jpg "Tax for which ITC is claimed Reflected in Form GSTR 2A: Kerala HC quashes Assessment Order [Read Order]")
![Denial of Legitimate ITC by Deputy Commissioner: Kerala HC Directs Petitioner to file DRC-03 to Enable Sanctioned ITC Credit to Petitioner’s Bank Account [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Denial-Legitimate-Deputy-Commissioner-Kerala-HC-Directs-Petitioner-to-file-DRC-03-Enable-Sanctioned-ITC-Credit-to-Petitioners-Bank-Account-taxscan.jpg "Denial of Legitimate ITC by Deputy Commissioner: Kerala HC Directs Petitioner to file DRC-03 to Enable Sanctioned ITC Credit to Petitioner’s Bank Account [Read Order]")
![Disallowance of ITC under TNVAT Act  due to Mismatch and Purchase suppression: Madras HC directs Denovo Adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Disallowance-ITC-TNVAT-Act-Mismatch-and-Purchase-suppression-Madras-HC-Denovo-Adjudication-taxscan.jpg "Disallowance of ITC under TNVAT Act  due to Mismatch and Purchase suppression: Madras HC directs Denovo Adjudication [Read Order]")
GSTN issues Advisory in respect of Introduction of Compliance Pertaining to DRC-01C (Difference in Input Tax Credit (ITC) available in GST Returns-2B & ITC claimed in the GSTR-3B)
The Goods and Services Tax Network (GSTN) has recently released an advisory that provides essential guidance regarding the implementation of a compliance measure, specifically focusing on the DRC-01C...
GST Council notes Clarifications on Taxability of Personal Guarantee offered by Directors to Bank against Credit Limits
The 52nd GST Council Meeting headed by Finance Minister Nirmala Sitharaman noted clarifications on taxability of personal guarantee offered by directors to bank against credit limits. The Council...
Inadvertent Printing Error of GSTIN Number not ground for Rejecting Claim for ITC: Calcutta HC [Read Order]
The Calcutta High Court observed that inadvertent printing error of GSTIN number not ground for rejecting claim for Input Tax Credit (ITC). The grievance of the petitioner, M/s Makhan Lal Sarkar...
![Inadvertent Printing Error of GSTIN Number not ground for Rejecting Claim for ITC: Calcutta HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Inadvertent-Printing-GSTIN-Number-ground-for-Rejecting-Claim-for-ITC-Calcutta-HC-TAXSCAN.jpg "Inadvertent Printing Error of GSTIN Number not ground for Rejecting Claim for ITC: Calcutta HC [Read Order]")
Difficulty in understanding GST Provision at Initial Period of Implementation: Kerala HC sets aside Disallowance of ITC [Read Order]
The Kerala High Court set aside the disallowance of input tax credit (ITC) on the ground that there was difficulty in understanding GST provision at the initial period of implementation of the GST. ...
![Difficulty in understanding GST Provision at Initial Period of Implementation: Kerala HC sets aside Disallowance of ITC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Difficulty-understanding-GST-Provision-Initial-Period-Implementation-Kerala-HC-Disallowance-of-ITC-TAXSCAN.jpg "Difficulty in understanding GST Provision at Initial Period of Implementation: Kerala HC sets aside Disallowance of ITC [Read Order]")