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In a ruling, the Jharkhand High Court determined that denying a claim for a refund of a regulatory pre-deposit made under Section 107(6)(b) of the GST Act is not legally sustainable if the claim was submitted after the two-year limitation period outlined in Section 54(1). The Division Bench comprising Chief Justice M.S. Ramachandra Rao and Justice […]
The Allahabad High Court asked the New Okhla Industrial Development Authority (NOIDA) to compensate the taxpayer Rs. 19,22,778, which was charged to the taxpayer as tax and penalty in proceedings u/s 73 of the Goods and Services Tax Act, 2017. The petitioner gives his property on rent in Gautam Budh Nagar(Noida). The rent received from […]
The Jharkhand High Court has directed the department to refund ₹1,23,22,617 in GST to Tata Steel, which operates the largest steel plant in Jamshedpur, Jharkhand. The business claims the Input Tax Credit (ITC) on Compensation Cess paid for the purchase of coal, a vital raw material, under section 8(2) of the Goods and Services Tax […]
The Gujarat High Court ruled that levying the Integrated Goods and Services Tax (IGST) on ocean freight under a reverse charge mechanism is unconstitutional. As a result, importers are entitled to a refund of the IGST they voluntarily paid, even if this request is made after the usual limitation period. The applicant imports bituminous coal from overseas […]
The Delhi High Court provided relief to the German cargo airline Lufthansa by overturning the Revenue’s order that denied the company a nil TDS certificate for the fiscal year 2024-25. Section 195 of the Income Tax Act, of 1961, deals with the deduction of TDS (Tax Deducted at Source) on payments incurred to non-resident Indians […]
The CBIC has released Central Tax Notification No. 11/2025, introducing amendments to Rule 164 of the CGST Rules, 2017. The GST notification with a particular focus on Rule 164 draws amendments to the provisions for the tax demands, appeals, and refund claims and furnishes clarity on the treatment of appeals and tax obligations u/s 128A […]
Discovering that the GST refund claim was filed within 2 years from the “relevant date” as specified in Explanation 2(a) to Section 54(14) of the CGST Act, the Madras High Court clarified that a refund claim cannot be refused based on the retrospective operation of the Proviso to Rule 90(3) of the CGST Rules. The […]
The Kerala GST department has issued instructions regarding the functioning of the centralized refund processing unit, effective March 15, 2025. The State Tax Commissioner has provisionally formed a Centralised Refund Processing Formation (CRPF) at the Headquarters to facilitate the centralized verification and disposal of statewide refund applications. This pilot initiative, authorized by order SGST/1234/2025-PLC dated […]
As of March 16 of the current financial year, net direct tax collections have surged by 13.13% to ₹21.3 trillion, driven by a rise in advance tax collections, according to the Income-Tax Department. Compared to ₹9.11 trillion the year before, advance tax receipts in the current fiscal year have increased by 14.6% to ₹10.4 trillion […]
