Search Results for Tag : Invoice
News
GSTN Invites Interested and Qualified Companies for E-Invoice Registration Partner(29.12.2021)
Goods and Service Tax Networks (GSTN) has invited interested and qualified companies to become E-Invoice Registration Partner (IRP), the registrations.....
Tags : Goods and Service Tax Networks, E-Invoice Registration Partner
CBIC: Penalty for Non-Compliance of Capturing Dynamic QR Code in GST Invoice Waived off(31.03.2021)
Central Board of Indirect Taxes and Customs (CBIC) has notified the waiver of penalty for non-compliance of capturing dynamic QR code in GST Invoice f.....
Tags : CBIC, GST Invoice
CESTAT, Bangalore: Refund Can’t be Rejected for Non-Submission of Invoices by Original Authority(29.04.2022)
Customs, Excise & Service Tax Appellate Tribunal, Bangalore has ruled that refund can’t be rejected for non-submission of invoices before original aut.....
Tags : Customs, Excise & Service Tax Appellate Tribunal, invoices, refund
Judgments
Undervaluation has to be proved; if charge of undervaluation cannot be supported either by evidence or information about comparable imports, benefit of doubt must go to importer(10.12.2018)
The issue raised in present appeals pertains to the transaction value/assessable value in respect of imported Aluminum Scrap, which was imported by th.....
Tags : Invoice price, Undervaluation, Proof
# GST Changes Applicable From 01.01.2021: Extension of Government Power Related to Tax Invoice(29.12.2020)
Finance Act, 2020 has amended Section 31(2) of the Central Goods and Service Act, 2017 to grant the power to the Government to specify, with respect t.....
Tags : Finance Act, 2020, Central Goods and Services Act, 2017, Tax Invoice
ITAT: Expenses Cannot be Disallowed Solely Due to Non-Receipt of Invoices(08.07.2022)
Income Tax Appellate Tribunal (ITAT), Mumbai Bench while granting relief to L’Oreal India Private Limited, has held that expenses cannot be disallowed.....
Tags : ITAT, Expenses, Disallowed, Invoices
No Penalty on Ground that Goods Started Journey One Week After Date of Invoice: Allahabad HC(27.12.2017)
Allahabad High Court has held that penalty cannot be imposed merely on ground that the goods started journey one week after the date of the invoice.
Tags : Allahabad High Court, Invoice
Del. HC: Issuing Fake Invoices for GST Evasion is an Economic Offence(07.09.2023)
Delhi High Court has observed that issuing fake invoices and e-way bills for the purposes of GST evasion is an economic offence involving loss to the .....
Tags : Delhi High Court, GST Evasion, Fake Invoices, Economic Offence
CBIC Notifies Waiver of Amount of Penalty for Non-Compliance to GST Invoice QR Code Provisions(01.07.2021)
Central Board of Indirect Taxes and Customs (CBIC) has notified the waiver of the amount of penalty for non-compliance to Goods and Service Tax (GST) .....
Tags : Central Board of Indirect Taxes and Customs, Non-Compliance to GST Invoice QR Code Provisions
Cal HC: Penalty Amount on Higher Value than Invoice Value Can’t be Computed by GST Dep. w/o Evidence(29.04.2024)
Calcutta High Court has held that penalty amount on higher value than invoice value cannot be computed by Goods and Service Tax department without pro.....
Tags : Calcutta High Court, Penalty Amount, Higher Value, Invoice Value
Madras HC: Genuineness of Consignment Can’t be Suspected Because Invoice Contains Wrong Address(01.11.2017)
Madras High Court, while releasing the goods detained by Commercial department, has held that genuineness of a consignment cannot be suspected merely .....
Tags : Madras High Court, commercial invoice
Chhattisgarh High Court Rejects Writ Petition of Alleged Issuer of Fake Invoices(28.02.2020)
Chhattisgarh High Court has rejected a Writ Petition filed by a trader who was penalised for allegedly purchasing goods from bogus dealers and thereby.....
Tags : Chhattisgarh High Court, Alleged Issuer of Fake Invoices
Bombay HC: Tax Invoices Having Reference to Arbitration, Does not Constitute Arbitration Agreement(13.04.2022)
Bombay High Court has held that acceptance of tax invoices by the opposite party, comprising a reference to arbitration, doesn’t lead to the presumpti.....
Tags : Bombay High Court, tax invoices, arbitration, arbitration agreement
GSTN Issues Advisory on Auto-population of E-Invoice Details Into GSTR-1(07.04.2021)
Goods and Services Tax Network (GSTN has issued Advisory on Auto-population of E-Invoice details into GSTR-1. The notified taxpayers have been advised.....
Tags : Goods and Services Tax Network, Auto-population of E-Invoice Details
Delhi High Court: Unsigned Invoice Valid Basis to File Suit Under Order 37 CPC(24.01.2022)
Delhi High Court has held that unsigned invoices can be a valid basis to file suit under Order 37 of the Code of Civil Procedure, 1908, in a petition .....
Tags : Delhi High Court, Unsigned Invoice
Notifications & Circulars
Waiver from recording of UIN on the invoices for the months of April 2020 to March 2021(15.12.2020)
1. Vide Circular No.63/37/2018-GST dated 14th September, 2018 & corrigendum to the said circular dated 6th September 2019, waiver from recording of UI.....
Tags : Waiver, UIN, Invoices
Tripura HC Disallows Rectification of Tax Invoices as Not Covered Under S. 161 CGST Act(21.01.2021)
Tripura High Court has disallowed the rectification of tax invoices as not covered under Section 161 of the Central Goods and Services Tax Act, 2017 a.....
Tags : Tripura High Court, Rectification of Tax Invoices
Allahabad HC Refuses Bail to Person for Removing Goods Without Invoice and Payment of Duties(16.04.2021)
Allahabad High Court has refused to grant bail to a person alleged of clandestine removal of finished goods without issuance of any invoice, without p.....
Tags : Allahabad High Court, Removing Goods Without Invoice and Payment of Duties
Bombay HC: Arbitration Clause in Tax Invoice Does Not Constitute Arbitration Agreement(15.04.2022)
Bombay High Court has held that the arbitration clause in a tax invoice cannot be treated as an arbitration agreement binding on the parties.
Tags : Bombay High Court, Arbitration Clause in Tax Invoice
# GST Changes Applicable From 01.01.2021: ITC Availment for Missed Invoices Capped at 5%(29.12.2020)
Rule 36(4) of the Central Goods and Service Tax Rules, 2017 has been amended to the effect that the registered person is restricted from availing the .....
Tags : ITC Availment, Missed Invoices