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The Delhi High Court ruled that GST registration could not get cancelled just because an assessee does not file returns for a certain duration. The Petitioner stopped the business on the father’s demise. The retrospective cancellation of the registration consequence in the rejection of the ITC for a particular duration. Raghav Arora, the applicant contested […]
The Indian Auto LPG Coalition (IAC) has asked the Central government to diminish the Goods and Services Tax (GST) on Auto LPG from 18% to 5%, supporting equality with recent tax adjustments in the natural gas sector. This request pursues the decision of Andhra Pradesh to cut the Value Added Tax (VAT) on Natural Gas […]
In Bihar, the state government incorporated a ‘one-time settlement‘ initiative for the advantage of traders with tax obligations back to the time when the GST was about to launch. The Bihar Tax Disputes Settlement Bill, 2024 was tabled in the state assembly through Deputy Chief Minister Samrat Chaudhary, who also carries the finance portfolio. In […]
The two parallel proceedings towards the same period are not permissible under the CGST/SGST Act, Gauhati High Court ruled. Section 6 of the CGST/SGST Act, specifically Section 6(2), suggests that once a proceeding is started in either of the two Acts, another proceeding for the same period under the other Act cannot be initiated, the […]
In the case of Global Calcium (P.) Ltd. v. Assistant Commissioner (ST) [Writ Petition No. 170 of 2024 dated February 01, 2024], the Hon’ble Madras High Court ruled that the Assessing Officer should acknowledge the pertinent elements before passing any order. Thus, the case was remanded back to the Assessing Officer. Facts About Global Calcium […]
In its recent development, the Delhi High Court ruled in favour of Tek Xplore, represented by its proprietor Ms Renuka Maini, in a case against a GST demand notice issued by the Union of India & Others. The court’s decision highlights the significance of procedural justice and the right to a detailed clarification in matters […]
The notion of earning 90% profit is unbelievable and is contractual loot under the impression of alleged development activities, The Hyderabad Bench of Income Tax Appellate Tribunal (ITAT) ruled. The bench of R.K. Panda (Vice President) and Laliet Kumar (Judicial Member) sees that the funds of government towards the development must be used for the […]
The Delhi High Court ruled that (GST) registration could not be cancelled just because an assessee does not file returns for a certain duration. On the demise of the father of the Petitioner, the applicant has discontinued the business. The retrospective cancellation of the registration consequence in the refusal of the Input Tax Credit (ITC) […]
Directorate General of GST Intelligence, Gurugram Zonal Unit issues a show cause notice to Pricol demanding a tax of Rs 380 cr including interest and penalty. Pricol is a leading manufacturer of instrument clusters. As per the exchange filing, the notice was obtained “as part of an industry-wide Goods and Services Tax (GST) investigation, concerning […]
