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Under the Goods and Services Tax (GST) regime, a tax of 18% is to be imposed on the activity of shifting or raising the height of transmission towers or lines, when carried out through a contractor for a dedicated consumer such as the National Highways Authority of India or Indian Railways, the Maharashtra Authority for […]
The Gujarat High Court has ruled that a specific rule in the tax regulations, known as Rule 96(10) of the CGST Rules, 2017, will apply going forward, but can also be used in current cases that are still being processed. The Division Bench of Justices Bhargav D. Karia and D.N. Ray on the issue said […]
The petitioner is Build Layer Constructions, with address 1b58, Vinayak Sadan, Ground Floor, Housing Board, Pali – 306401, Rajasthan. The petitioner is registered for GST, containing GST registration No. 08AATFB8617M1ZO in the State of Rajasthan. The petitioner has applied for an Advance Ruling. If the statutory decision of the advance ruling, anyone disagrees, then they […]
The Allahabad High Court upheld the validity of Section 16(2)(c) of the GST Act in a case, ruling that input tax credit (ITC) claims were not permitted. The court imposed a penalty on the buyer (the applicant) who claimed the ITC, as it was determined that the tax had not been deposited by the supplier. […]
The Delhi High Court has ruled that claiming Input Tax Credit (ITC) under the Goods and Services Tax (GST) system in a dishonest way, especially when there hasn’t been any real supply of goods or services, goes against the very purpose of the ITC program. This practice not only undermines the system but also compromises […]
In the absence of a valid show cause notice and the denial of an opportunity to be heard, the Bombay High Court has quashed the Goods and Services Tax (GST) refund recovery. Under the GST regime, Power Engineering (India) Pvt. Ltd. is a registered EOU and is in the business of production and export of […]
A new report by Kearney and the Confederation of Indian Industry (CII) states that the cost competitiveness of the mining and construction equipment (MCE) sector should be improved by rationalising Goods and Services Tax (GST) and import duties, which is crucial for the sector’s growth. This arises because of the discrepancy in the GST structure […]
Claiming input tax credit under the Goods and Services Tax without the actual supply of goods or services from a non-existent firm falls within the ambit of Section 74 of the Central Goods and Services Tax Act, 2017, the Allahabad High Court has ruled. A writ petition was dismissed by the court contesting the Show […]
The Delhi High Court has expressed concerns about the misuse of Section 16 of the CGST Act, 2017. Many traders have been taking advantage of this provision to wrongfully claim input tax credits, which is not permitted. This situation has raised alarms regarding fairness and legality in tax practices. Through the provisions, the businesses are […]
