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The Calcutta High Court ruled that the GST department could not calculate the penalty amount on a higher value compared to the invoice value without proper proof and reason. The bench of Chief Justice T.S. Sivagnanam and Justice Hiranmay Bhattacharyya has marked that a transporter or owner of the goods is forced to carry specific […]
The Madras High Court in its judgment addressed an important issue related to the inadvertent error of citing the identical invoice number in multiple GST e-way bills. The matter of Vimal Traders Vs Assistant Commissioner (State Tax) emphasizes the importance of procedural fairness and consideration of proof in tax assessments. An applicant is a registered […]
The Allahabad High Court ruled that the absence of tax invoices and/or e-way bills during interception and their next production does not forgive the taxpayer from the obligation of penalty under the Goods and Service Tax Act. “Production of these documents after the interception cannot absolve the petitioner from the liability of penalty as the […]
Revenue Secretary Sanjay Malhotra in a press conference said that the government’s objective is to remove the flexibility furnished to the buyers and sellers in amending their output obligation. The same action consists of locking the invoices and eliminating the edit option in the forthcoming fiscal year, a proposal that shall be reflected in the […]
Delhi High Court witnessed that providing the bogus invoices along with the e-way bills for the GST evasion counted as an economic offence that comprises the loss to the public exchequer that required to be viewed in a serious way. When refusing anticipatory release to a chartered accountant accused of fraud and GST evasion by […]
Estern Coalfields, the respondent, was prohibited by the Jharkhand High Court from deducting money from invoices because GST amounts were not shown in the GSTR-2A as invoices were not uploaded. In a letter to Estern Coalfields, the petitioner, M/s Tycoons Industries Pvt. Limited, requested to make sure the Circular 183 issued by the Central Board […]
The different amounts mentioned in the tax invoice and e-Way Bill indicate a palpable error in the waybill, which may be construed as a human error, Orissa High Court ruled. The assessment order would have been cancelled by the bench of Justice B.R. Sarangi and Justice M.S. Raman and remitted the case back to the […]
A person who is registered as a composition taxpayer cannot generate taxable invoices, collect GST from consumers, or claim ITC on purchases, according to the Central Board of Indirect Taxes and Customs (CBIC). The explanation came in response to a popular video showing a restaurant tricking patrons even though it was a composition taxpayer under […]
It is essential for the registered individual to issue the tax invoice before or during the removal of goods for the supply of the recipient. To supply the services, the GST invoices could be provided prior to or post to the time of supply. Moreover, the e-invoicing system would have been executed within the phased […]
