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Input Tax Credit (ITC) is eligible on GST paid for inward supply for fixing of plant and machinery to earth by foundational or structural support towards making the outward supply of goods, Rajasthan Bench of the Authority for Advance Ruling (AAR) witnessed. The petitioner, M/s Uvve Glass Private Limited, seeks for advance ruling on whether […]
In a recent case regarding dismissing a writ petition filed by a taxpayer against a GST assessment year, the Supreme Court upheld the move by the Patna High Court. The directive given in the Vishwanath Traders case has significant implications for small and medium-sized enterprises (SMEs), micro, small, and medium enterprises (MSMEs), small business owners, […]
What is the Mera Bill Mera Adhikar scheme? The central government has launched a reward scheme called Mera Bill Mera Adhikaar to encourage people to upload invoices for purchases of goods or services that have a tax called Goods and Services Tax (GST). This scheme aims to incentivize consumers to share real, honest information about […]
Goods and Services Tax (GST) collections of Maharashtra have shown a significant growth constantly by 18% from April to July this year. It surpassed the national growth rate of 11-12%. The state clocked its highest GST collection at ₹33,196 crore ($4.6 billion) in April, reduced in May, but it has shown growth again for June […]
The penalty against the transporter would have been maintained by the Punjab and Haryana High Court which held that the reusing of the e-way bills shows the tax evasion intention. The intention to evade the tax payment is an important ingredient to execute the proceedings against the individual under section 130. The transporter would be […]
The fitment committee of the Goods and Services Tax (GST) Council, comprising revenue officials from both the Central and state departments, is anticipated to give an explanation regarding the “ground clearance” criteria and how GST will be levied on utility vehicles (UVs). A ground clearance of over 170 millimetres is one of the three key […]
The Punjab Bench of the Authority for Advance Ruling (AAR), in the case of Punjab State Transmission Corporation Ltd. has ruled that shifting of Electricity Transmission Lines is subject to GST. The assessee is operating the business of Transmission of electricity which is not under the law, vide GST Notification No. 12/2017 released on 28th […]
The Delhi High Court’s recent ruling in the case of Ashish Garg, the Proprietor of Shree Radhey Traders Vs the Assistant Commissioner of State Goods and Services Tax (SGST), Delhi Zone-7 Ward-82 in 2023 (7) TMI 1229, established that while the Revenue Department has the authority to cancel GST registration from retrospective date, such action […]
The assessee is simply accountable for proving that he legitimately acquired the goods from the supplier for a fair price after checking the supplier GST registration on the GST portal, held by Hon’ble Andhra Pradesh High Court in M/s Arhaan Ferrous and Non-Ferrous Solutions Pvt. Ltd. v. Deputy Assistant Commissioner [Writ Petition No.15481 of 2023 […]
