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Search results for: Section 74

GST Payment Linked to Receipt of Payment for Work Contracts

Calcutta HC: GST Should be Paid Upon Receipt of Payment for Work Executed

The Calcutta High Court has made an observation that the payment of GST should be made upon receiving payment for the execution of work contracts. Dipak Sarkar, the petitioner, is a contractor responsible for carrying out projects on behalf of the State Government. The petitioner’s concern arises from the fact that the Notification dated 16th […]

All About New GST DRC-01C Form

GST DRC-01C Form for ITC Difference in GSTR 2B and 3B

On August 4, 2023, the Central Government vide notification no. 38/2023 has told the Central Goods and Services Tax (CGST), the rules of 2023. Certain rules would have been revised and also inserted new ones. A new rule 88D would have been inserted into the CGST rules through the same revision which describes the way […]

Madras High Court's Order for M/s. M.B.M. Steels

Madras HC: Non-Existing Suppliers Can’t be Verified for GST Demand Without Giving Them a Chance to be Heard

In the matter of M/s. M.B.M. Steels vs. The Assistance Commissioner (ST), the Madras High Court stated that if the taxpayer received an inward supply from a non-existent taxpayer, the petitioner should be given an opportunity for a personal hearing before pursuing recovery action. The petitioner is a dealer of hardware and has a GST […]

Allahabad High Court's Order for M/S Abhay Traders

HC: GST SCN Must Have Foundation of the Case on Which Action is Required

A show cause notice should comprise the foundation of the case laid on which the action would be important, ruled by the Allahabad High Court. The taxpayer would have the remedy to file answers/objections toward the related authorities in case the show cause notice is sufficient. There would be two major needs of the principles […]

Brief Summary of GST Litigation with Main Reasons

Simplify GST Litigation with Reasons & Action by Officials

On the supply of goods and services in India, GST would be the complete indirect tax that would get charged. The Goods and Services Tax (GST) has been in place for more than five years, but the GST litigation is still in its infancy. It is anticipated that as time quickly passes, more and more […]

ICICI Prudential Life Insurance Gets SCN Under GST form DGGI

ICICI Life Insurance Gets GST Notice for Wronglfull Availment of ITC

According to official sources aware of the ongoing investigation, a central agency tasked with preventing the loss of Goods and Services Tax (GST) revenue has finished its investigation into at least 6 of the 30 insurance companies it is looking into over allegations of improper commission payments to their agents and is in the process […]

Punjab & Haryana HC's Order for M/s Samyak Metals Pvt. Ltd

P&H HC: GST Refund Should be Issued, Collected via DRC 03 Form Without SCN

The Punjab and Haryana High Court rendered that the Goods and Service Tax (GST) Department refund the amount recovered via DRC-03 when a show cause notice (SCN) was furnished. The applicant, M/s Samyak Metals Pvt. Ltd, asking the writ in the nature of mandamus rendering that the GST Department refund the amount, which was recovered […]

Summary of GST Section 62 for Non-Filers GST Returns

A Guide to Assessment U/S 62 for Non-Filers GST Returns

Definition of GST Section 62 Section 62 of CGST ACT 2017 noted for the assessment of those enrolled assessees who do not file their GST returns on the specified last dates. The proper officer evaluates the liability of tax including the required interest and penalties that will get deposited through the registered assessee on the […]

Calcutta High Court's Order for SSB Petro Products

Calcutta HC: Assessee Can File Time-Barred Appeal as GST DRC-01 Not Seen on Portal

The department submitted the Form GST DRC-01 to the GST Portal but it was not noticed by the assessee. Therefore, the Calcutta High Court permitted the time-barred appeal. The assessee, SSB Petro Products & Ors questioned the instructions dated 16-01-2023 issued in WPA 29 of 2023. The applicant had questioned the directive cleared by the […]

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