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The Karnataka High Court has ordered the refund of a Rs 10 crore GST payment made by a businessman in Bengaluru. The court noted that the payment, which the GST authorities claimed was voluntary, was not voluntary. Justice S. R. Krishna Kumar passed an order dated October 13 and made public this week after the […]
The Allahabad High Court has ruled that the GST ( Goods and Services Tax ) Department cannot invoke Section 74 of the CGST Act in the absence of findings of fraud, wilful misstatement, or suppression of facts with intent to evade tax. The appellate order’s part has been quashed by the court that kept the […]
The Sikkim High Court said that when the reassessment notice itself is unlawful, which is issued without jurisdiction, or after the time limit specified under the Income Tax Act, the Court can examine the validity of the notice under Article 226, even though an appeal under the Act is available. A Single Bench of the […]
The applicant is a trader transporting goods dated 21.12.2021, a tax invoice was issued, but because of a technical glitch, the e-way bill cannot be generated quickly. The e-way bill was generated at 10:59 AM on 21.12.2021. On the same the vehicle was intercepted by the GST Mobile Squad at 11:29 AM. The e-way bill […]
The Central Board of Direct Taxes (CBDT) Chairman, Ravi Agrawal, stated that the income tax department, under the facilitated Income Tax Act 2025, shall notify the new ITR forms and pertinent rules by January. From 1 April 2026, these updated regulations will come into force, marking the transition from the nearly six-decade-old Income Tax Act […]
Under the Ministry of Finance, the Central Board of Direct Taxes (CBDT) has issued Notification No. 155/2025, authorising the Commissioner of Income Tax, Centralised Processing Centre (CPC), Bengaluru, to exercise concurrent powers under the Income-tax Act, 1961. The Commissioner, CPC Bengaluru, under the notification, can now- Such powers apply to all cases where the orders […]
The Gujarat High Court recently made an important ruling regarding the payment of statutory interest under the Goods and Services Tax Act, 2017. According to the court’s decision, interest is mandatorily payable on delayed refunds of Integrated Goods and Services Tax (IGST) if the refund is not processed within sixty days from the date it […]
Nasscom, an industry organisation, has pointed out that the current Goods and Services Tax (GST) system treats transactions between the main offices and their branches in IT companies as if they are taxable events. This creates an unnecessary tax burden for these companies. Even after being internal allocations in the same company and not supplies […]
The Bombay High Court ruled that the authority must pay ₹71.31 lakh as interest on the refund of illegally collected IGST (Integrated Goods and Services Tax) under the Reverse Charge Mechanism (RCM) on ocean freight. Justices M.S. Sonak and Advait M. Sethna considered that the applicant had submitted IGST, which the respondents used up to […]
