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Under the Goods and Services Tax Act, regulatory measures cannot be labelled as violative of a taxpayer’s right to trade/ business under Article 19(1)(g) of the Constitution, Calcutta High Court ruled. The reason is being furnished by Justice Rajarshi Bharadwaj that the regulatory actions are “necessary to ensure compliance and prevent tax evasion”. The observation […]
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 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 […]
It was carried by the Allahabad High Court that the taxpayer could not file for the supply of requisite documents post adjudicating body accepted the appeal placed via them and furnished the notice as per that. The same would be impermissible, certainly in a case where a statutory appeal was available to the filing party, […]
Indian Railway Finance Corp. received a goods and services tax demand order totaling Rs 230.55 crore via the Tamil Nadu tax authority. The notice furnished via the assistant commissioner from the sales tax division in Chennai North includes a tax demand of Rs 209.59 crore and a penalty of Rs 20.96 crore, IRFC mentioned in […]
GST officers have found cases of Input tax credit evasion of Rs 35,132 crore by 17,818 bogus firms between April 2024 to October 2024 and arrested 69 persons, the government reported to Parliament. Minister of State for Finance Pankaj Chaudhary in an answer to Lok Sabha cited that regular action is been opted to fetch […]
The Allahabad High Court rendered the State Goods and Service Tax Authorities to not take action towards any assessment year in which the Central Goods and Service Tax Authorities have taken action earlier. The applicant has approached the HC under Article 226 of the Constitution of India against the measures taken via the State and […]
It was quoted by the Kerala High Court that the medical condition mentioned by the taxpayer is not enough grounds to ease the condoning of a four-year delay in appeal filing. The Bench of Justice Gopinath P. noted that “the assessee has not made out any ground for grant of relief in the writ petition. […]
The Invoice Management System (IMS), effective from October 1, 2024, has been introduced to simplify and standardize the process of claiming Input Tax Credit (ITC) in GSTR-3B returns. Previously, taxpayers would often claim ITC based solely on GSTR-2B without thorough reconciliation, which they used to file for the ITC in their 3B filings. With the […]
