Assessee entitled to refund of unutilized Cenvat credit of Education and S&H Education Cess
The CESTAT, Ahmedabad in USV Private Limited v. Commissioner of Central Excise & ST, Daman [Final Order No. A/10198/2023 dated…
Tag: Refund
Next big agenda is adding more tax payers: CBIC chairman
Beefing up the taxpayer roll is the next big task for the Central Board of Indirect Taxes and Customs (CBIC),…
Refund cannot be denied for an inadvertent error which was subsequently rectified
The Hon’ble Delhi High Court in the matter ofM/s. Shri Shyam Footwear v. the Commissioner of Central Goods and Services…
Circulars issued during F.Y. 2022-23
All the circulars issued by the CBIC during the period from 01.04.2022 to 31.01.2023 have been summarized in this article under six major heads as:
1. compliance 2. refunds 3. demand and recovery 4. transitional credit 5. input tax credit 6. miscellaneous issues/ clarifications.
Taxman can not keep the GST paid by mistake
Case History Now the Aggrieved Assessee approached Andhra HC, which held a view that’ Taxman can not keep the GST…
Dealer cannot be compelled to carry forward the ITC to GST regime instead of refund
The Hon’ble Madras High Court in Easwaran Brothers India Private Limited v. The Assistant Commissioner (ST) (FAC) [W.P. No. 33593,…
Directed to refund the payment deposited during search proceedings without issuing acknowledgement being not voluntary
The Hon’ble Delhi High Court in M/s. Vallabh Textiles v. Senior Intelligence Officer And Ors [W.P.(C) 9834/2022 dated December 20,…
Failure to discharge statutory duty/obligation by the refund sanctioning authority would be entitled to interest
The Hon’ble Karnataka High Court in M/s. Al Tisource Business Solutions Pvt. Ltd. v. Deputy Commissioner of Central Tax, GST…
Charge of the double benefit will sustain only when the assessee claims the refund and utilise the same for payment of duty
The CESTAT, Ahmedabad in the case of M/s. Bright Engineering Works v. CCE & ST Daman and Surat [Excise Appeal…
Direct tax collections up 24.3% in April-Nov, despite high refunds
The Centre’s direct tax collections, net of refunds, have increased by over 24% on year in the first eight months…