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A cash credit account cannot be treated as the property of the account holder, which can be considered u/s 83 of the GST Act, the Bombay High Court mentioned. The Division Bench of High Court Justices Jitendra Jain and M.S. Sonak noted that the phrase ‘including bank account’ follows the phrase “any property” shall be […]
An upgrade to the Goods and Services Tax Network (GSTN) E-Way Bill system has been announced with the launch of a new portal, which will go live on July 1, 2025. The aim of this platform is to ease the process of handling transport documentation for businesses. The Updates Important new features are being introduced […]
The Allahabad High Court ruled in favour of the applicant (M/S Vibhuti Tyres). The final demand of Rs 32.97 lakh was not legal and is higher compared to the original amount of Rs 8.81 lakh as specified in the show cause notice issued before the applicant under section 73 of the GST Act, the court […]
The Allahabad High Court upheld the validity of Section 16(2)(c) of the GST Act in a case, ruling that input tax credit (ITC) claims were not permitted. The court imposed a penalty on the buyer (the applicant) who claimed the ITC, as it was determined that the tax had not been deposited by the supplier. […]
In a huge relief for taxpayers, the Calcutta High Court has authorised a rectification application for Input Tax Credit (ITC) applications that were previously denied under Section 16(4) of the GST Act. The decision is based on the retrospective modification implemented under the West Bengal GST (modification) Act, 2024, which provides much-needed relief to people […]
Tax officers should not serve GST notices merely as a formality, especially when taxpayers fail to respond to electronic communications, the Madras High Court observed. The bench said that “No doubt, sending notice by uploading in portal is a sufficient service, but, the Officer who is sending the repeated reminders, inspite of the fact that […]
Under the Goods and Services Tax (GST), a business entity can claim a refund of unutilized Input Tax Credit (ITC) even after it has been terminated. The court has ordered a refund of the unused GST ITC amounting to ₹4.37 crore. The bench of Justice Meenakshi Madan Rai observed that “in the instant matter there […]
To facilitate and enhance GST data, the Goods and Services Tax Network (GSTN) has divided Table-12 of the GSTR-1 form into two parts: one for business-to-business (B2B) sales (Table 12A) and one for business-to-customer (B2C) sales (Table 12B), starting with the May 2025 tax period. The amendment introduces obligatory HSN-wise reporting, but in a warning […]
The Central Board of Indirect Taxes and Customs (CBIC), via Circular No. 249/06/2025-GST dated 9th June 2025, stated that the Document Identification Number (DIN) is not required to be quoted on communications generated through the GST common portal, as these documents are assigned a Reference Number (RFN) that can be verified online. CBIC as per […]
