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An assessment order passed without affording a personal hearing under Section 75(4) of the Goods and Service Tax (GST) Act, 2017 has been dismissed by the Single Bench of the Kerala High Court. The current writ petition has been submitted by Julie Jose, who is subject to the Central Goods and Service Tax (CGST) and […]
In the case of M/s. Aastha Enterprises Vs. State of Bihar [CWJ 10395 of 2023 dated 18th August 2023] Hon’ble Patna High Court held that Input Tax Credit (ITC) is a benefit or concession granted to the assessee under the statutory scheme, rather than a right conferred upon them. In the case of M/s. Aastha […]
The GST evasion investigation agency shall finish its probe in 30 insurance companies. The Directorate General of GST Intelligence (DGGI) would have finished the investigation in 15 of them fetching the ITC differences to the tune of 3500 cr. The same would be under the procedure of sending the notices to the left 15 people […]
Employees’ contribution to PF/ESI deposited post-due date under the Income Tax Act is not allowable as a deduction under Section 36(1)(va) of the Income Tax Act, 1961, the Mumbai bench of the Income Tax Appellate Tribunal (ITAT) stated. The taxpayer, Creative Textile Mills Pvt. Ltd. asks, on which foundation the Commissioner of Income Tax (Appeals) […]
18% Goods and Services Tax (GST) is applicable on Electrical works contracts accomplished to the government corporations the Telangana Bench of J. Laxminarayana and B. Raghu Kiran, IRS of Authority for Advance Ruling (AAR) stated. The applicant, M/s. Sealwel Corporation Private Limited has the business of executing ‘works contracts’ as described under Section 2(119) of […]
The taxpayer has filed the appeal towards the Income Tax Appellate Tribunal ( ITAT ), Visakhapatnam Bench, which ruled that the satisfaction is to be recorded by the Assessing Officer (AO), prior to the issue of a notice under section 153C of the Income Tax Act, 1961. The aforesaid observation was made by the tribunal […]
What is the GSTAT? The Central Goods and Service Tax Act, 2017 (CGST Act) in Section 109 mandates the constitution of a Goods and Service Tax Appellate Tribunal (GSTAT) and its Benches. Under the GST laws, the GSTAT would be a specialized appellate authority for resolving disputes. GSTAT has not yet been applied even after […]
In the forthcoming times, the GST appellate tribunals (GSTATs) start functioning at the State and Centre level in the subsequent 6 months, according to Government sources. The GST officials in the coming meeting carried forwards the norms, Group of ministers is working for that and is led by Haryana deputy chief minister Dushyant Chautala. “The […]
The problem of the transitional credit (TRAN credit) beneath the GST is under litigation with the two High courts-Kerala and Bombay settling it in favour of the taxpayer. The Kerala High court, in its order, rendered that the GST department for providing the amendment to Form GST TRAN-1 and filing Form GST TRAN-2 through making […]
