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The Kerala High Court has issued a ruling stating that a Goods and Services Tax (GST) registration that has been cancelled cannot be reinstated solely for the intention of claiming Input Tax Credit (ITC) as per Section 16(6) of the CGST Act, 2017. Under Section 16(6) of the Central Goods and Services Tax Act, 2017, […]
The Madras High Court referred the case back to the State Tax Officer (STO) and provided directions for recalculating interest and reviewing Input Tax Credit (ITC) claims. An order dated 25.02.2025 passed by the State Tax Officer, Bhavani Assessment Circle, Erode, has been challenged by A.S.R. Constructions (applicant). This order confirmed part of the demand […]
The applicant’s firm in this case is in the business of trading and supply of iron scrap, purchased goods in August 2018 from a registered supplier, M/s Arvind Metal Suppliers, Nunhai, Agra, against two valid tax invoices and related e-way bills. The payment was made before the supplier via banking channels. The supplier had duly […]
A systemic issue has been seen in the GST portal’s auto-populated data for Table B2C of GSTR-9, affecting cases where modifications related to the previous fiscal year are made in the current fiscal year. Tax professionals and businesses are notified that during a revision pertinent to the B2C invoices for FY2023-24, made in FY 2024-25, […]
The Madras High Court has directed the tax officials to take another look at a case where a person’s Input Tax Credit was blocked. The court has asked them to make a decision and provide the necessary orders within the next four weeks. V V Steels, a company that pays taxes, was monitored by the […]
The Bangalore District Druggists and Chemists Association (BDCDA) is motivating and supporting the retailers to migrate from the composition scheme to the regular GST framework so that they can take GST Input Tax Credit (ITC) advantages and comprehensively integrate into the country’s requirements. We uplift the unorganised sector and are preparing a blueprint to deliver […]
On the Ministry of Corporate Affairs’ (MCA) Version 3 portal, issues are encountered by Company secretaries, chartered accountants, and other compliance professionals, which have made the process of annual filings slower. Even after the extension of the filing due date by the MCA to December 31, 2025, the professionals cite that the move provides temporary […]
The Chhattisgarh High Court ruled that no coercive measures will be taken against taxpayers if they cooperate with the GST investigation into bogus ITC claims. Harsh Wadhwani, proprietor of Vijay Laxmi Trade Company, and his authorised representative, submitted a writ petition, contesting the proceedings begun by the Directorate General of GST Intelligence (DGGI). The applicants […]
The Chhattisgarh High Court has made a significant ruling concerning Bharat Aluminium Company Limited (BALCO) regarding Input Tax Credit (ITC) on Compensation Cess related to imported coal. The court dismissed BALCO’s appeal, stating that the ITC for Compensation Cess is not permissible for electricity generated and supplied to an employee township. The judgment emphasises that […]
