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Search results for: GST Act

Patna High Court's Order for M/s Punit Kumar Choubey

Patna HC: Article 226 Can’t be Invoked if Statutory Appeal Under CGST Act Not Filed by Assessee

As per the Patna High Court under Article 226 of the Constitution of India, the extraordinary jurisdiction could not be invoked if the taxpayers’ losses file a legal plea to the Central Goods and Service Tax Act (CGST). The assessment order and the rejected appeal filed were been questioned by the M/s Punit Kumar Choubey […]

Delhi High Court's Order for M/S. Vaidhe Stainless Steel

Delhi HC: Order for Bank Account Attachment No Longer Effective After Expiration of 1 Year U/S 83 of GST Act

In the case of M/S. Vaidhe Stainless Steel Vs. Union of India Through Its Secretary Ministry of Finance, the Delhi High Court has released an order declaring the Bank Account Attachment instructions given under section 83 of the GST Act ineffective after the expiry of one year. Key Details From the Judgment The petitioner has […]

Supreme Court’s Order for M/s 3I Infotech Ltd

SC: Penalty Under GST Act Can’t Levied for Incorrect Service Category Mentioned in Notice

The show cause notice has been quashed by the Supreme Court of India which ruled that the penalty under section 76 of the Goods and Service Tax (GST Act) is not imposed on the grounds of the wrong stating of the category of service in the show cause notice. Notices were served under Section 73 […]

Patna HC's Order for M/s S K Construction and Company

Patna HC: Appellate Authority Must Justify Dismissal of Appeal Under Bihar GST Act 2017

The Patna High Court has made a ruling stating that the Appellate Authority cannot dismiss an appeal without providing any reasoning or questioning the proper presentation of the appeal. Such actions would be considered a failure to fulfil the authority’s responsibilities as mandated by the Bihar Goods and Services Tax Act. The division bench, comprising […]

Over Rs 50,000 Cr is Likely to be Collected in FY24 by GST Action

Govt Anticipates Revenue from GST Action is Likely to Exceed Rs 50,000 Cr in FY24

In the current fiscal year, officials have informed that the Central government anticipates a recovery of over Rs 50,000 crore in evaded Goods and Services Tax (GST). This figure is more than double the recovery achieved in the previous fiscal year, FY23, potentially making it the highest annual tax recovery ever. As of now, during […]

Delhi HC's Order for Delhi Metro Rail Corporation Limited

No Limitation Period U/S 54(1) of CGST Act on Tax Collected Over Nil GST Authority of Law

Hon’ble Delhi High Court for the case of Delhi Metro Rail Corporation Limited vs. The Additional Commissioner, Central Goods and Services Tax Appeals and Others [W.P. (C) 6793/2023 dated September 18, 2023] ruled that the limitation duration of two years under Section 54(1) of the Central Goods and Service Tax Act, 2017 (“the CGST Act”) […]

Kerala HC's Order for Julie Jose

Kerala High Court Cancels Order Due to Violation of Section 75(4) of CGST Act

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 […]

Overview of GST Section 125 of CGST Act

Brief Summary of General Penalty U/S 125 of CGST Act

In the way of operations of businesses and the compliance of the laws of taxation the Goods and Services Tax (GST) regime in India has brought about important amendments. The enforcement of penalties for violations and non-compliance with the terms of the GST Act and Rules is one such feature that has acquired relevance under […]

Overview of GST Section 16 of CGST Act

Summary of GST Section 16 Under CGST Act with Eligibility

What is Section 16 Under CGST Act? Section 16 of CGST ACT 2017 is concerned with the Input Tax Credit mechanism, which permits the assessee to offset the GST Input Tax Credit with the GST Output Tax Liability. The same shall assist in preventing the cascading effect of taxes and promote a seamless flow of […]

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