Month: January 2025

GST ArticleHigh Court

Proceedings under Section 73 of the CGST Act imposing interest and penalty on availment of Credit under wrong head not maintainable

byCA Bimal Jain

The Hon’ble Kerala High Court in the case of RejimonPadickapparambil Alex allowed the appeal filed against the judgment passed by the Hon’ble Single Judge Bench thereby holding that the availment of ITC under wrong head is a technical mistake and would not fall within the purview of wrong availment of ITC, therefore, the initiation of proceedings for levy of interest and penalty under Section 73 of the CGST Act cannot be initiated in the said case.

GST in Media

No small fry! Malayalis’ beloved banana fritter caught in tax tangle

byAdmin

The batter is leaving a bitter aftertaste! The humble banana fritter, known to Malayalis variously as ‘pazhampori’, ‘ethakkaappam’, ‘vazhakkappam’, etc., depending on where in Kerala you ask, finds itself caught in a tax tangle. The beloved fritters are being slapped with a hefty 18% GST, while their cheeky country cousin, the ‘unniappam’ — those adorable mini browns — enjoy a leisurely life in the cozy 5% tax slab.