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CBIC issued Circular no. 241/35/2024-GST dated 31.12.2024 regarding Clarification on availability of input tax credit as per clause (b) of subsection (2) of section 16 of the CGSTax Act, 2017 in respect of goods which have been delivered by the supplier at his place of business under Ex-Works Contract.
Time limit for furnishing return for month of September to be treated as 30th November in each financial year w.e.f 1-7-2017: HC
Any amendment in GSTR-1 or 3B the same to be done in October month GST Compliance for invoicing pertaining to F.Y.23-24
The Hon’ble Kerala High Court in the case of Tirupati Balaji Traders dismissed the writ petition relying on the judgment of M. Trade Links v. Union of India [W.P. (C) NO. 31559 of 2019 dated June 04, 2024].
HC issued notice to Govt. on constitutional validity of Section 16(2)(c) of CGST Act
The AAR, Tamil Nadu in the case of M/s. CMA CGM Global Business Services (India) (P.) Ltd., ruled that an Assessee is eligible to avail input services in respect of leasing/ renting/ hiring of motor vehicles to provide transportation facility to ensure safety and security of women employees as per Tamil Nadu Shops and Establishments Act, 1947 subject to satisfying and fulfilling the eligibility and conditions provided under Section 16 of Central Goods and Services Tax Act, 2017 (“the CGST Act”). Further, ITC shall be available to the Assessee only on the tax paid on services or renting, leasing or hiring of motor vehicles for providing transport facilities to women employees alone who are arriving or leaving workplace between 8 pm to 6 pm. Lastly, ITC on the same shall be available to the Assessee from May 28, 2019 onwards only on satisfying and fulfilling the eligibility provided under Section 16 of the CGST Act.
Yes, the Honorable High Court of Allahabad in case of M/s. Anil Rice Mill the writ petition filed by the petitioner stating that the primary responsibility of claiming the benefit is upon the dealer to provide and establish the actual physical movement of goods, genuineness of transactions, etc.
The impugned order was set aside which confirmed demand on the ground that the petitioner had availed ITC from “cancelled dealers, return defaulters & tax non-payers” without any findings that suppliers from whom the petitioner had availed supplies had not discharged their tax liability
The Tamil Nadu AAR, in case of In re., Access Healthcare Services Private Limited ruled that ITC can be availed on the contract staffing services received, subject to the condition specified in section 16(1) the CGST Act. The AAR also confirmed that ITC on contract staffing services is not blocked under Section 17(5) of the CGST Act.
No denial of ITC without conducting enquiry with supplier who failed to remit tax to Govt.: HC