GST evasion scam of over Rs.20 crore detected, 1 held

The Central Goods and Service Tax (CGST) Dehradun Commissionerate has detected a GST evasion of ₹20.83 crore and arrested the proprietor of one city-based firm, officials said. Dehradun-based Thakur Traders issued goods-less invoices, in excess of ₹135 crores (inclusive of GST) to various entities throughout India and passed on fraudulent Input Tax Credit (ITC) of […]

Cancellation of GST Registration without determining the amount payable by the assessee is cryptic, invalid and not sustainable

The Hon’ble Gujarat High Court in M/s. Devi Products v. State of Gujarat [R/Special Civil Application No. 2288 of 2023 dated February 15, 2023] has set aside the Show Cause Notice (“SCN”) issued to the assessee and the consequential order for cancellation of GST Registration, on the grounds that they were passed without recording any […]

Advisory on New e-Invoice Portal

25/02/2023 Dear Valued Taxpayers, 1. We would like to inform you that GSTN has onboarded four new IRPs (Invoice Reporting Portals) for reporting e-invoices in addition to NIC-IRP. As a result, the beta launch of a new e-Invoice portal (www.einvoice.gst.gov.in), has been done where taxpayers can find comprehensive information on e-invoice compliance in a user-friendly […]

Credit of TDS to be allowed for salaries even if the same is not deposited with the exchequer

The ITAT, Pune in Mukesh PadamchandSogani v. ACIT, [ITA No.29/PUN/2022 dated January 30, 2023] has overturned the order passed by the Revenue Department for disallowing the Tax Deducted at Source (“TDS”) to be provided to the assessee for the income under the head ‘salaries’. Held that, the requirement is only for the amount of TDS, […]

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