Search Results for "Input Tax Credit"

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GST on Advances for Future Supplies: Examining Constitutional Validity. Evaluating GST's application to unutilized advances and its constitutionality.

The L&T IHI Consortium, a collaboration between Larsen & Toubro Ltd. (L&T) and IHI Infrastructure Systems Co. Ltd., Japan, challenged the ...

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GST Refund Granted Due to Retrospective Amendments: Court Directs Refund Without Interest Affidavit confirms petitioner’s entitlement; amended Section 50(3) exempts interest liability.

The petitioner filed a writ petition challenging an order by the Joint Commissioner (Appeals) that declined a refund claim. Since the GST Tribunal was...

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Writ Petition challenging Show Cause Notice for input tax credit reversal due to non-electronic filing of Form GST ITC-02 caused by GST portal functionality issues.

The Bombay High Court quashed the show cause notice issued to Tikona Infinet Private Limited, which alleged wrongful availing of ITC due to non-electr...

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"CGST Registration Cancellation Quashed Due to Lack of Natural Justice, Retrospective Cancellation Invalid" "Bombay High Court sets aside CGST registration cancellation citing procedural flaws and violation of natural justice."

This judgment addresses the flawed decision-making process of CGST Authorities in revoking a voluntary cancellation of registration and imposing retro...

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Supreme Court Upholds Constitutional Validity of Section 17(5)(d) of the CGST Act, Restricting Input Tax Credit on Construction of Immovable Property for Leasing. No ITC on Goods and Services Used in Construction for Leasing under Section 17(5)(d), Says Supreme Court.

The constitutional validity of Section 17(5)(d) of the Central Goods and Services Tax (CGST) Act, 2017, concerning the denial of Input Tax Credit (ITC...

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Bombay High Court Rules on IGST Refund for Exported Goods Despite Higher Drawback Claim. Petitioner's Refund of IGST on Exported Goods Cannot Be Denied Based on Higher Rate of Drawback Claimed.

The Bombay High Court addressed a petition regarding the denial of an Integrated Goods and Services Tax (IGST) refund for exported goods. The petition...

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Court Dismisses Petition on ITC Eligibility for Breakwater Construction by LNG Regassification Plant. Maharashtra Authorities Deny Input Tax Credit for Breakwater, Ruling it Does Not Qualify as "Plant and Machinery" under CGST Act

Ratnagiri Gas and Power Pvt Ltd., a joint venture of NTPC, GAIL, and the Maharashtra State Government, took over Dabhol Power Company. Following a dem...