Source:-https://indianexpress.com A Surat-based businessman accused of fraudulently claiming input tax credit under the Goods and Services Tax (GST) was granted temporary relief by the Gujarat High Court on December 2 after it emerged that the state and Centre were conducting parallel investigation under their respective Acts for the same offence. The court directed that there
Source:-https://www.business-standard.com The Rajasthan High Court has dismissed a petition seeking a ban on Dream11 claiming the fantasy sports platform amounted to betting or gambling. The court said “the format of online fantasy game is a game of mere skill”. The petition also accused Dream11 of evading the goods and services tax (GST) since it is
Source – business-standard.com The Delhi High Court has issued notices to exporters in cases related to non-payment of integrated goods and services tax (IGST) on imports under an export incentive scheme. The cases relate to the review petition filed by revenue authorities regarding imposition of IGST on imports of goods under the advance authorisation scheme, which allows exporters to
Source – thehindubusinessline.com Gujarat High Court has directed that strict action should be taken against Goods & Services (GST) officers who stay at assessee’s premises during a search without authority of law. The Court was hearing a petition in which complainant had said that officials had stayed at his premise while conducting searches. According to
Source – thehindubusinessline.com The Gujarat High Court has issued notices to Centre and the State Government, besides three others, on limiting the input tax credit to assessees in case the details have not been uploaded by the supplier. The Central Board of Indirect Taxes & Customs (CBIC) tweaked the ITC norms by bringing in a
Source – taxscan.in The Madras High Court has allowed the Transitional Credit of Education Cess, Secondary and Higher Education Cess and Krishi Kalyan Cess into the Goods and Services Tax ( GST ). The petitioner is registered as an Assessee under the provisions of the Central GST and is a company providing Information Technology enabled
Source – thehindubusinessline.com The Madras High Court has allowed credit transition of Education Cess, Secondary/Higher Education Cess and Krishi Kalyan Cess into the Goods & Services Tax (GST) regime. Since the High Court’s orders have precedent value, this particular order can bring relief to many companies, whose cases are pending in various judicial forums. Education
Source: hindustantimes.com In a relief to duty free shops at the Chhattrapti Shivaji International Airport, the Bombay high court has held that the state or central government cannot charge GST on goods sold at these shops. The high court was hearing a petition filed by a duty free shop (DFS) opposing a show cause notice
Source: taxscan.in The Bombay High Court has allowed the Service Tax Department to conduct Service Tax Audit on post Implementation of Goods and Services Tax ( GST ). The petition sought a declaration that Respondents do not have power under Rule 5A of the Service Tax Rules, 1994 read with Section 174(2)(e) of the Central
Source: financialexpress.com The goods and services tax (GST) regime has been hailed as a panacea to many afflictions plaguing the erstwhile indirect taxation regime. One such affliction GST was meant to address and cure was ridding businesses of tax costs and ensuring seamless flow of tax credits. To recap, in the pre-GST regime, a business
