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Delhi High Court has relieved the logistics company dissatisfied with the GST assistant commissioner’s decision, rejecting its answer to a Show Cause notice through a template order. A division bench of Justices Prathiba M. Singh and Amit Sharma noted that an SCN seeking to assess other liabilities (including penalties) on the taxpayers must be decided on […]
The High Court of Kerala in a ruling carried that the income tax refund application u/s 119(2)(b) of the Income Tax Act, 1961 filed after 9 years is not condonable. The income tax department has furnished the plea against the ruling of the Single Judge. The respondent/writ petitioner, K.C.Antony had approached the writ court impugning […]
The Punjab & Haryana High Court while dismissing the writ petition carried that the Good and Service Tax (GST) department could not be averted from performing the preliminary inquiry pertinent to the books of accounts of a registered individual. The applicant/taxpayer MAG Filters And Equipments Private Limited, has contested the proceedings started via the respondents […]
It was carried by the Andhra Pradesh High Court that badam-flavoured milk is not counted as a beverage however it is categorized under a particular entry as milk. The case shows another categorization issue under the goods and services tax (GST) regime that reached the courts and baffled both the dairy industry along the assessees. […]
It was carried by the Madhya Pradesh High Court that the GST department may not unfairly prejudice the taxpayer via disallowing the Input tax credit (ITC) quoting the late returns post already imposing late fees for the belated Goods and Services Tax (GST) Returns filing. The Madhya Pradesh High Court recently made a ruling on […]
The Mumbai ITAT has mentioned that an industrial undertaking was not mandated to set off the losses made by it in one qualified unit against the profits made from the other qualified unit for the objective of computing the deduction under section 80-IB. As per Section 80-I of the Income-tax Act, 1961, the gross total […]
An advisory on the difference in the value of Table 8A & 8C of the GST Annual Returns FY 2023-24 has been issued by the Goods and Services Tax ( GSTN ). According to the Notification No. 12/2024-Central Tax dated July 10, 2024, and Notification No. 20/2024-Central Tax dated October 8, 2024, the process to […]
Steelmaker JSW Steel Ltd cited a penalty of Rs 64.47 crore that has been levied by the office of the commissioner of GST and Central Excise, Belagavi Division. The penalty is pertinent to the alleged non-payment of GST under the Reverse Charge Mechanism for mining rights payments in Karnataka in the period of July 2017 […]
It was cited by the Punjab and Haryana High Court that the plea could not be dismissed as not maintainable for not filing the requisite fee. The Division Bench comprising Justices Sanjeev Prakash Sharma and Sanjay Vashisth was acknowledging the matter in which the Appellate Authority dismissed the plea as not maintainable on the basis […]
