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Search results for: itc claim

New Functionality to Auto-Populate ITC for Reversal in GSTR-2B Under Rule 37

GSTR-2B Now Auto-Populates GST ITC for Reversal Under Rule 37

The Goods and Services Tax Network ( GSTN ) Under Rule 37A of the Central Goods and Services Tax Rules, has introduced a process for the reversal of Goods and Services Tax ( GST ) Input Tax Credit ( ITC ) when the supplier is unable to file the GSTR-3B return within the GST Portal. […]

Bombay HC's Order in the Case of Tikona Infinet Private Limited Vs. Union of India

Bombay HC: Assessee Can’t Be Refused ITC Solely for Filing GST Forms Manually Due to Portal’s Functionality Issues

An unexpected issue emerged, in which it was stressed that technicalities made via the Department and not the assessee must not be put forth by the department to defeat the legal rights and entitlements of the assessees. It was carried out by the Bombay High Court that the related Revenue officials (respondent) could not refuse […]

Karnataka HC's Order in the Case of M/s Travacore Minerals and Transport Company Vs State of Karnataka

Karnataka HC Allows ITC Due to Lack of Proper Hearing and Justifiable Reasons Under GST Rule 86A

The Karnataka High Court in a ruling quashes the blocking of Input tax credit (ITC) via the tax authorities by not furnishing a proper hearing or establishing effective reasons. The applicants’ Input Tax Credit (ITC) was blocked through the impugned order at Annexure – A on 09.07.2024, via invoking Rule 86A of the Central Goods […]

CBIC Informs GST ITC Reconciliation From GSTR-2B Instead of GSTR 2A in GSTR 9

GST ITC Reconciliation in GSTR 9 Should be Done Using GSTR 2B, Not GSTR 2A

The assessees earlier were obligated to reconcile the Input tax credit claimed in FORM GSTR-3B with the information shown in FORM GSTR-2A as per sub-rule (4) was inserted into Rule 36 of the Central Goods and Services Rules, 2017 (“the CGST Rules”) w.e.f. October 09, 2019. Also, the same condition emerges as of the obligation […]

GST Notification No. 22/2024 for Central Tax

Central Tax Notification No. 22/2024 to Rectification on Incorrect GST ITC U/S 16

To facilitate GST compliance the Central Board of Indirect Taxes and Customs (CBIC) has issued Notification No. 22/2024-Central Tax dated October 8, 2024, to report the process of executing the newly inserted sub-sections (5) and (6) in Section 16 of the CGST Act, 2017. The very notification furnishes a process to rectify the orders pertinent […]

Madras HC's Order In Case of Tvl.Canply Vs The Deputy Commissioner (ST)

GST Authority Rejects ITC Appeal for Delay Beyond Condonable Period; Madras HC Grants Condonation of Delay

The Madras High Court has condoned the delay in a GST case that comprises of mismatch in Input Tax Credit ( ITC ) in GSTR 3B and GSTR 2A. On the foundation that the delay was beyond the condonable period, the appeal was rejected An order was contested by the appeal on July 12, 2024, […]

Delhi HC's Order in Case of Rajiv Sharma HUF Proprietor of M/S Sagar Scooter Syndicate Vs. Union of India

Delhi HC Grants 2nd Chance to Prove Payment for Inward Supplies Linked to GST ITC Refund on Export

A second chance has been furnished to the applicant by the Delhi High Court to prove the payment of the inward supplies, concerning the GST income tax credit (ITC) refund on the export of zero-rated supplies claimed. The applicant, Rajiv Sharma HUF Proprietor of M/s Sagar Scooter Syndicate via its Karta Rajiv Sharma, a Hindu […]

Jharkhand HC's Order In The Case of M/s Rewinder Techno Electricals V/S Union Of India

Jharkhand HC Upholds the GST Return 3B Form Validity and Time Limit of ITC U/S 16(4)

The High Court of Jharkhand has dismissed the petition contesting the provisions of the Central Goods and Services Tax (CGST) Act, 2017 under the 53rd GST Council Meeting’s recommendations. The writ petition has been dismissed by the court filed by M/s Rewinder Techno Electricals, a partnership firm based in Dumka, Jharkhand challenging Section 16(4) and […]

Orissa HC's Order In Case of M/s. Atulya Minerals Vs Commissioner of State Tax

Commissioner Has the Right to Block GST ITC Under Rule 80A: Orissa HC Sets Aside Petition

The writ petition has been rejected by the Orissa High Court contesting the jurisdiction ruling that the Deputy commissioner can block Input Tax Credit ( ITC ) under Rule 86A of Orissa GST ( Goods and Services Tax ) Rules, 2017. The applicant, Atulya Minerals, aimed to quash the letters issued by the Deputy Commissioner […]

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