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Search results for: input tax credit

Calcutta HC's Order for Pacharia Exports Private Limited

Calcutta HC: ITC Not Permitted, Amount Paid to 3rd Party Instead of the Particular Dealer

The writ petitioner is not qualified to take advantage of the ITC since he did not pay the amount to the selling dealer and did it to a third party, the Calcutta High Court ruled. The bench comprising Chief Justice T.S. Sivagnanam and Justice Supratim Bhattacharya has noted that the writ petitioner cannot insert words […]

Punjab And Haryana High Court's Order for M/s Garg Rice Mills

Punjab And Haryana HC: Notice for Limitation Period Extension Under GST Section 168A

The government has received a notice from the Punjab and Haryana High Court regarding a plea that questions the extension of the limitation period under Section 168A of the GST Act. A bench comprising Justice G.S. Sandhawalia and Justice Lapita Banerji has temporarily halted the issuance of final orders in Section 73 cases related to […]

DIPA Seeks Simplified Version of GST Regime in Interim Budget 2024

DIPA Seeks Simplified Version of GST Regime in Interim Budget 2024

The Digital Infrastructure Providers Association (Dipa) asks for flexible norms and policy regimes that consist of goods and service tax (GST) in a run-up to the union budget 2024. The budget should delineate encouraging policies, streamlined regulations, and straightforward GST norms to facilitate the growth of the telecommunications infrastructure sector. The group based in Delhi […]

Industries Want An Amnesty Scheme After Slew of Tax Notices in Upcoming Budget

GST Notices Motivate Industries for an Amnesty Scheme in Interim Budget 2024

Following a series of GST demand notifications, the business sector is eager for the inclusion of an amnesty scheme in the upcoming interim budget. However, opinions among experts are divided on this matter. In the previous year, reports indicated that authorities responsible for goods and services tax (GST) issued notices totalling around Rs 1.45 lakh […]

Gujarat GST AAR's Order for Unique Welding Products P. Ltd.

Gujarat AAR Approves GST ITC Eligibility for Rooftop Solar Plants, Not Comes Under Immovable Property

The Gujarat Authority of Advance Ruling (AAR) has determined that rooftop solar systems, inclusive of installation and commissioning, are considered plant and machinery. In the assessment conducted by the bench comprising Amit Kumar Mishra and Riddhesh Raval, it has been concluded that applicants have the entitlement to claim Input Tax Credit (ITC) on rooftop solar […]

ITC Restoration Under GST to Restaurants in Budget 2024

NRAI Urges Center to Restore GST ITC in Union Budget 2024

the National Restaurant Association of India appealed to the government to reinstate input tax credit for restaurants. Additionally, they recommended an increase in the GST rate existing 5% to 12% in anticipation of the upcoming Union Budget. In a letter addressed to Finance Minister Nirmala Sitharaman, the National Restaurant Association of India emphasized the need […]

Delhi HC's Order for M/S EEN EEN Sales Corporation

Delhi HC Orders Restoration of GSTIN Due to Lack of Proper Opportunity

The Delhi High Court ruled that taxpayers were not given a chance to raise objections regarding the retrospective cancellation of GST registration. A panel consisting of Justice Sanjeev Sachdeva and Justice Ravinder Dudeja has reinstated the petitioner’s GST registration to its initial number. The petitioner, who is also the assessee, contested a show-cause notice that […]

Kerala HC’s Order for Ansil Ibrahim and Nahasshukoor

Kerala HC Upholds Constitutional Validity of GST Section 16(2)(c) and CGST Rule 36(4)

The High Court of Kerala at Ernakulam has dismissed two writ appeals challenging the constitutional validity of specific provisions under the Central Goods and Services Tax (Central GST) Act and Rules. The pleas were filed by two businessmen, Nahasshukoor, proprietor of M/s N. S. Metals, and Ansil Ibrahim, proprietor of M/s Light House, both located […]

Coworking Industry Seeks Lower GST Rate in Union Budget 2024

Union Budget 2024: Coworking Industry Demands Lower GST Rate & Clarity on Electricity Charges

With the increasing demand on the back of its cost-effective pricing alternatives as well as flexible work environment, the coworking industry has been gaining momentum. Notably, enterprises and corporations are redirecting their attention to coworking spaces, in line with the adoption of the hybrid work model to address their organizational requirements. The commercial real estate […]

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