Search Results for Tag : input tax

Notifications & Circulars

Exporters advised to file Table 6A and GSTR 3B for processing of IGST Refund and for Refund of the unutilized Input Tax Credit(29.11.2017)

The Government of India is seized of the issue of Exporters complaining about delay in grant of refunds pertaining to Integrated Goods and Services Ta.....

Tags : Refund, IGST, Input Tax

Amendment in Notification No. 48/2017-Central Tax dated the 18th October, 2017(15.01.2019)

In exercise of the powers conferred by section 147 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on the recomm.....

Tags : Notification, Amendment, Input tax credit

Clarification in respect of transfer of input tax credit in case of death of sole proprietor(28.03.2019)

Doubts have been raised whether sub-section (3) of section 18 of the Central Goods and Services Tax Act, 2017 (hereinafter referred to as 'CGST Act') .....

Tags : Transfer, Input tax credit, Clarification

CCI to examine - Whether ITC availed or reduction in tax rate actually resulted in commensurate reduction in price of goods or services or both(23.11.2022)

1.In exercise of the powers conferred by sub-section (2) of section 171 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Gove.....

Tags : Powers, Competition Commission, Input tax credits

News

National Anti- Profiteering Authority: Builders Should Pass Benefit of Input Tax Credit to Buyers(13.01.2020)

National Anti- Profiteering Authority has held that if the builders have denied the benefit of Input Tax Credit to the buyers, then they are liable to.....

Tags : National Anti- Profiteering Authority, Input Tax Credit

AAR Tamil Nadu: Branch Eligible for Input Tax Credit for Goods and Services Tax Paid by Head Office(13.01.2020)

Appellate Authority for Advance Ruling, Tamil Nadu has held that the Input Tax Credit of tax paid by Head office for the furtherance of business would.....

Tags : AAR Tamil Nadu, Input Tax Credit

AAR Tamil Nadu: Branch Eligible for Input Tax Credit for Goods and Services Tax Paid by Head Office(13.01.2020)

Appellate Authority for Advance Ruling, Tamil Nadu has held that the Input Tax Credit of tax paid by Head office for the furtherance of business would.....

Tags : AAR Tamil Nadu, Input Tax Credit

AAAR: Head Office Adopting Value for Supply to Other Branches Outside State Eligible for ITC(14.01.2020)

Appellate Authority for Advance Ruling,Tamil Nadu has held that the Head office adopting the value for supply to other branches is eligible for Input .....

Tags : Appellate Authority for Advance Rulings, Input Tax Cedit

Jharkhand High Court: No Denial of Input Tax Credit if Seller Defaults in Depositing Tax(16.01.2020)

Jharkhand High Court has held that Input Tax Credit cannot be denied for the Petitioner who had discharged all the tax liabilities and where it was no.....

Tags : Jharkhand High Court, Input Tax Credt

No Input Tax Credit on Goods Not Resold Within a Period of 6 Months: Bombay HC(14.08.2018)

Bombay High Court has held that no input tax credit can be claimed on goods not resold within a period of 6 months as is stipulated by the legislation.....

Tags : Bombay High Court, Input Tax

AAR West Bengal: No Input Tax Credit on Motor Vehicles Bought for Rent-a-Cab Service(13.06.2019)

Authority for Advance Rulings (AAR), West Bengal has noted that the GST paid on the purchase of motor vehicles for supplying rent-a-cab service is not.....

Tags : AAR West Bengal, Input Tax Credit

NAA to Builders: Flat Buyers Cannot Wait Endlessly to Receive Input Tax Credit(19.06.2019)

National Anti-Profiteering Authority (NAA) while dismissing a plea by a real estate developer has observed that since flats are sold in installments w.....

Tags : NAA, Input Tax Credit

Gujarat HC Grants Bail in Case of Fraudulent Claim of ITC(30.03.2022)

Gujarat High Court has approved bail to the accused who falsely claimed input tax credit (ITC) as the department has attached the immovable properties.....

Tags : Gujarat High Court, Input Tax Credit, Bail, GST evasion

Jharkhand HC: ITC Can be Denied on Inter-State Sale or Transfer of Stock(30.03.2022)

Jharkhand High Court has observed that Input Tax Credit can be denied under Section 18(8)(ix) of the Jharkhand Value Added Tax Act, 2005 on Inter-Stat.....

Tags : Jharkhand High Court, Input Tax Credit, Section 18(8)(ix) of the Jharkhand Value Added Tax Act, 2005

Gujarat High Court Grants Bail to Accused in Fake GST ITC Claim(30.03.2022)

Gujarat High Court has affirmed the legality of the provisional attachment proceedings initiated by the GST department and granted bail to the accused.....

Tags : Gujarat High Court, GST, Input Tax Credit

Authority for Advance Ruling: Dealers Eligible for Input Tax Credit on Demo Cars(21.01.2020)

Authority for Advance Ruling, Maharashtra has held that input tax credit charged on inward supply of demo cars, which are used for demonstration purpo.....

Tags : Authority for Advance Ruling, Input Tax Credit on Demo Cars

AAR: No ITC Available for Supply of Goods and Services for Civil Work and External Development Work(22.01.2020)

Authority for Advance Ruling (AAR), Rajasthan has held that Input Tax Credit (ITC) is not available for supply of goods and services which are used fo.....

Tags : Authority for Advance Ruling, Input Tax Credit on Supply of Goods and Services for Civil Work and External Development Work

CESTAT: No denial of Credits to Recipient Even if Duty was Legally Not Payable by Supplier(23.01.2020)

Customs Excise and Service Tax Appellate Tribunal (CESTAT) has held that Input tax credits cannot be denied to the recipient even if the duty was lega.....

Tags : Customs Excise and Service Tax Appellate Tribunal, Input Tax Credit to Recipient

AAR: Input Tax Credits Can be claimed on Leased Goods Transport Vehicle(24.01.2020)

Authority for Advance Ruling (AAR), West Bengal has ruled that Input Tax Credits can be claimed in accordance with the law on the leased goods transpo.....

Tags : Authority for Advance Ruling, Input Tax Credit, Lease Goods Transport Vehicle

AAR: 5% GST Payable On GTA Services Availed For Transporting Cotton Seed(21.10.2022)

Authority of Advance Ruling, Punjab has held that the 5% GST is chargeable on goods transport agency services availed by the applicant for transportin.....

Tags : Authority of Advance Ruling, input tax credit, goods and services

ITC Case: Tel. HC Directs CGST To Forward All Investigation & Related Documents To State(19.01.2024)

In a case where Petitioner was served with a notice directing to reverse Input Tax Credit (ITC), Telangana HC has directed the Preventive Wing & DGGI .....

Tags : Input Tax Credit, Preventive Wing, DGGI Wing

Gujarat High Court Issues Notice to Centre Over Input Tax Credit Denial to Restaurants(19.11.2019)

Gujarat High Court has issued a notice to the Centre seeking to know why the option of input tax credit under Goods and Services Tax regime is not ava.....

Tags : Gujarat High Court, Input Tax Credit

All. HC: Assessee Must Prove Transaction Beyond Doubt to Claim ITC(20.10.2023)

Allahabad High Court has held that onus is to be discharged by the assessee to prove and establish beyond doubt the actual transaction and physical mo.....

Tags : Allahabad High Court, Input Tax Credit, Transaction

No Input Tax Credit if GST Returns Not Filed: Telangana HC(23.04.2019)

Telangana High Court has ruled that no input tax credit (ITC) is available unless GST returns are filed and a taxpayer is liable to pay penalty on the.....

Tags : Telangana High Court, Input Tax Credit, GST Return

Gujarat High Court Issues Notices Over Blocking of Input Tax Credit under Rule 86A(15.12.2020)

Gujarat High Court has issued the notices to the Central and State over blocking of Input Tax Credit (ITC) under Rule 86A of the Central Goods and Ser.....

Tags : Gujarat High Court, Blocking of Input Tax Credit

Cal. HC: Right of Reg. Person to Take ITC Vested Right Only if Conditions to take it are Fulfilled(15.12.2023)

Calcutta High Court has held that the right of a registered person to take input tax credit (ITC) under Section 16(1) of the GST Act becomes a vested .....

Tags : Calcutta High Court, Input Tax Credit, GST

CBIC: ITC Can be Availed Based on Details Available in Form GSTR-2B(16.03.2021)

Central Board of Indirect Taxes and Customs (CBIC) has clarified that Input Tax Credit (ITC) can be availed based on details available in FORM GSTR-2B.....

Tags : Central Board of Indirect Taxes and Customs, Input Tax Credit

Mad. HC: Refund Claim to Be Examined on Basis of Documents of Availment of ITC & Export of Products(05.02.2024)

Madras High Court has held that refund claim has to be examined and determined on the basis of documents pertaining to the availing of Input Tax Credi.....

Tags : Madras High Court, Input Tax Credit, Refund Claim

CBIC Notifies ITC Cannot be Availed on Failure to Furnish Details in Form GSTR-1(31.12.2021)

Central Board of Indirect Taxes and Customs (CBIC) has notified that the Input Tax Credit (ITC) cannot be availed on the failure of a supplier to furn.....

Tags : Central Board of Indirect Taxes and Customs, Input Tax Credit

ITC Available on Vehicles Supplied to Customers on Lease Rent Subject to Conditions: AAR(19.04.2019)

Authority for Advance Ruling (AAR), Madhya Pradesh has ruled that Input Tax Credit (ITC) is available on GST paid on vehicles provided to different cu.....

Tags : AAR, Input Tax Credit, Vehicles

GST: Input Tax Credit Limit on Existing Stocks Raised to Support Transition Period Sales(05.06.2017)

GST Council has decided to increase limit on input tax credit to 60% from earlier proposed 40% on items with excise rates above 18%, bringing some res.....

Tags : GST Council, Input Tax Credit

Gujarat High Court Issues Notice Over Input Tax Credit on Gifts(20.02.2020)

Gujarat High Court has issued notices to the Centre, State Government, Goods and Services Tax Council and Indirect Tax Board in a case related to the .....

Tags : Gujarat High Court, Input Tax Credit on Gifts

Orissa HC Grants Bail to Person Accused of Availing Bogus Input Tax Credit(22.02.2022)

Orissa High Court has granted the bail to the person accused of availing bogus Input Tax Credit worth Rs. 20.45 crores and held that denial of bail c.....

Tags : Orissa High Court, Bogus Input Tax Credit

Delhi HC: Can’t Deny Applications for ITC Refund on Mere Suspicion(13.03.2023)

Delhi High Court while directing Department to initiate a refund of Input Tax Credit (ITC) has held that applications for refund of ITC cannot be reje.....

Tags : Delhi High Court, Input Tax Credit, Refund

SC: Dealer Must Prove Transaction Beyond Reasonable Doubt to Claim Input Tax Credit(15.03.2023)

Supreme Court has held that under Section 70 of Karnataka Value Added tax Act, dealer claiming Input Tax Credit on purchase ought to prove and establi.....

Tags : Supreme Court, Input Tax Credit, Karnataka Value Added tax Act

AAR: Input Tax Credit Allowable on Debt Settlement(22.05.2019)

AAR West Bengal has held that the companies are eligible to claim the input tax credit even if the liability to pay for inputs between them, including.....

Tags : AAR, Input Tax Credit

Chhattisgarh HC Rejects Bail to Person Allegedly Involved in Fraudulent ITC(26.04.2022)

Chhattisgarh High Court has rejected the statutory bail application filed by persons, who is concerned in fraudulent Input Tax Credit.

Tags : Chhattisgarh High Court, bail, Input Tax Credit

AAR, Gujarat: GST ITC Admissible on Bus Hired for Employees Transportation(02.05.2022)

Authority of Advance Ruling, Gujarat has observed that the Goods and Services Tax Input Tax Credit is permissible on buses hired for transportation of.....

Tags : Authority of Advance Ruling, Goods and Services Tax, Input Tax Credit, 13 passengers

Bombay High Court Rejects AAAR Order Denying Input Tax Credit on ‘Cash Carry’ Vans(17.07.2019)

Bombay High Court has set aside an order passed by the Maharashtra Appellate Authority for Advance Ruling for Goods and Services Tax (AAAR) on admissi.....

Tags : Bombay High Court, Input Tax Credit

Gujarat HC Directs Revenue to Re-Credit Input Tax Credit in Electronic Tax Ledger of Writ Petitioner(15.04.2022)

Gujarat High Court has directed the revenue to re-credit/restore the Input Tax Credit (ITC) to the tune of INR 1,39,49,810 in the electronic tax ledge.....

Tags : Gujarat High Court, Re-Credit Input Tax Credit

Delhi HC Grants Bail to Person Accused Of Fraudulently Claiming ITC(18.04.2022)

Delhi High Court has allowed bail to the person accused of fraudulently claiming an input tax credit under the Central Goods and Services Tax Act, 20.....

Tags : Delhi High Court, Central Goods and Services Tax Act, 2017, input tax credit

AAR, Telangana: ITC Can Be Availed on IGST Paid Both on Imports Intra & Inter-State Sales Authority(20.04.2022)

Allahabad High Court has observed that the Court for the reason of an application under Section 29A of the Arbitration and Conciliation Act, 1996 woul.....

Tags : Authority of Advance Ruling, Goods and Services Tax, 2017, Input Tax Credit

AAR, Telangana: ITC Can be Claimed on IGST Paid Both on Imports Intra & Inter-State Sales, Rules(20.04.2022)

Authority of Advance Ruling, Telangana has observed that Integrated Goods and Services tax paid on imports is eligible to be availed as an Input Tax C.....

Tags : Authority of Advance Ruling, Integrated Goods and Services Tax, Input Tax Credit

CBEC: No Refund of Unutilised Input Tax Credit on Corduroy Fabrics Supply(26.09.2017)

Central Board of Excise and Customs (CBEC) has notified that refund cannot be allowed on unutilised input tax credit on corduroy fabrics supply under .....

Tags : Central Board of Excise and Customs, input tax credit, corduroy fabrics

Kerala HC: Cancellation of Registration Not Informed Through News Paper and Notice As Per Kerala VAT(04.05.2022)

Kerala High Court has held that the dealer is eligible for the input tax credit during the transition period since the cancellation of registration ha.....

Tags : Kerala High Court , input tax credit, cancellation, Form No.5 B

Gujarat AAAR: LNG Jetties is Not in the Nature of 'Plant And Machinery'(25.05.2022)

Appellate Authority of Advance Ruling has ruled that LNG jetties are not in the nature of "plant and machinery" and so, applicant cannot avail 'input .....

Tags : Gujarat Appellate Authority of Advance Ruling, Input Tax Credit, Plant and Machinery

Madras HC: Time Limit for Availing Transitional Input Tax Credit Under GST Mandatory(21.07.2020)

Madras High Court has ruled that the time limit for availing Transitional Input Tax Credit (ITC) is mandatory in nature, not directory. The Court also.....

Tags : Madras High Court, Time Limit for Availing Transitional Input Tax Credit

ITC Cannot be Granted If Registration of Selling Dealer was Cancelled: Kerala High Court(31.08.2018)

Kerala High Court has held that the Input Tax Credit cannot be granted to a dealer when the registration of the selling dealer was cancelled by the de.....

Tags : Kerala High Court, Input Tax

Karnataka High Court: Input Tax Credit Cannot be Refused to Buyer if Seller Discharges Tax Liability(26.06.2019)

Karnataka High Court has noted that if the Assessee purchaser proves that the seller has already discharged the tax liability, then the Revenue cannot.....

Tags : Karnataka High Court, Input Tax Credit

CESTAT, Ahmedabad: Cenvat Credit Allowable on Courier Services Used for Export of Goods(11.04.2022)

Customs Excise and Service Tax Appellate Tribunal, Ahmedabad has observed that cenvat credit is allowable for courier services on the amount of input .....

Tags : Customs Excise and Service Tax Appellate Tribunal, cenvat credit, input tax, courier services