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The Hon’ble Gujarat High Court in Dilip Babubhai Patel upheld the Department’s rejection of refund of transitional SGST credit carried forward under Section 140 of the CGST Act, 2017 ..
With the reduced GST rates on 375 items set to be effective from September 22, CBIC Chief Sanjay Kumar Agarwal has underlined the need for “proactive outreach” by tax officers to handhold trade and industry in navigating the transition smoothly.
The Central Board of Indirect Taxes and Customs (CBIC) has dismissed a viral message circulating on social media that claimed that the new transition benefits under the revised GST rules will be applicable from September 22, 2025.
The Hon’ble Allahabad High Court in the case of Anil Kumar Singh issued notice to the Revenue Department where the Assessee’s Form GST TRAN-1 claiming transitional credit was rejected on ground that transaction credit of Central Excise Duty was filled in wrong Column and further petitioner could not file appeal on there was no option on GST portal.
The Hon’ble Madras High Court in Greenstar Fertilizers Limited held that penalty cannot be demanded under Section 74 of the CGST Act where the assessee has not utilized the ineligible Input tax credit and the same is lying in the E-credit ledger.
The Hon’ble Bombay High Court in the case of Combitic Global Caplet Pvt. Ltd. directed the Revenue Authority to rule the sanctioning authority to refund the amount in the CENVAT credit account in cash instead of crediting it to the CENVAT account.
The Hon’ble Madras High Court in the case of M/s. Radhikka Ceramic World held that the amount of advance tax that was un-utilized under VAT has to be allowed to be transitioned under Section 140 of the TNGST Act.
Pharma major Cipla Ltd on Friday said it has been imposed a penalty of Rs 1.83 crore by the GST authority for claiming inadmissible transitional credit on education cess.
The Hon’ble Bombay High Court in the case of Siemens India Ltd. v. Union of India [Writ Petition No. 986 of 2019 dated February 09, 2024], relying upon sub-section (7) of Section 140 of the Central Goods and Services Tax…
The Hon’ble Madras High Court in the case of Engineers India Ltd. v. Assistant Commissioner (Central Tax) [W.P. No. 26927 of 2021 dated February 07, 2024] set aside the Impugned Order and held that, the refund claim should not be…