GST Department can not seize Cash during search : High Court HIGH COURT OF DELHI Goyal Metal Udyog v. Commissioner of Central Goods & Services Tax VIBHU BAKHRU AND AMIT MAHAJAN, JJ. W.P.(C) NO. 7618 OF 2019 CM APPL. NO. 42253 OF 2019 AUGUST 22, 2023 Ruchir Bhatia and Rakesh Kumar, Advs. for the Petitioner. Harpreet Singh, Ms. Suhani Mathur and Jatin Kumar Gaur,… Read More »
New change in INCOME TAX & GST by BUDGET 2024 I BUDGET HIGHLIGHTS CA SATBIR SINGH
No reversal of ITC due to retorespective cancellation of supplier gst regiatration if documentary evidence was duly produced: HC HIGH COURT OF MADRAS TVL.Cleon Optobiz (P.) Ltd. v. Assistant Commissioner (ST) SENTHILKUMAR RAMAMOORTHY, J. WRIT PETITION NO.495 OF 2024 W.M.P.NOS.510 & 512 OF 2024 JANUARY 19, 2024 Ms. Rukmani Venugopalan for the Petitioner. Ms. Amirta Poonkodi Dinakaran,… Read More »
New GST Changes from 1st feb 2024 I CA Satbir Singh
₹1,72,129 crore gross GST revenue collected during January 2024; records 10.4% Year-on-Year growth At ₹1,72,129 crore, GST collections are 2nd highest ever; crosses ₹1.70 lakh crore mark for the third time in FY 2023-24 With overall collection reaching ₹16.69 lakh crore, GST collections register 11.6% Y-o-Y growth in 10-month period Posted On: 31 JAN 2024… Read More »
Assessee can file rectification of GSTR 1 to correct inadvertent error : High Court HIGH COURT OF BOMBAY Anvita Associates v. Union of India G.S. KULKARNI AND FIRDOSH P. POONIWALLA, JJ. WRIT PETITION NO. 602 OF 2024 JANUARY 15, 2024 ORDER 1. We have heard Mr.Bapat, learned Counsel for the Petitioner and Ms.Vyas, learned Counsel for Respondent-State. 2. This… Read More »
GST registration can’t be cancelled retrospectively just because assessee failed to file returns : High Court HIGH COURT OF DELHI Aryan Timber Store v. Sales Tax Officer SANJEEV SACHDEVA AND RAVINDER DUDEJA, JJ. W.P.(C) NO. 628 OF 2024 CM. APPEAL NOS. 2749 AND 2748 OF 2024 JANUARY 18, 2024 Gaurav Gupta, Adv. for the Petitioner. Rajeev Aggarwal and Ms. Samridhi Vats,… Read More »
Notification No 05/2024 – CENTRAL TAX MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) NOTIFICATION New Delhi, the 30th January, 2024 No. 05/2024 – CENTRAL TAX G.S.R. 77(E).— In exercise of the powers under section 3 read with section 5 of the Central Goods and Services Tax Act, 2017 (12… Read More »
GST registration can not be cancelled with retrospective effect just because GST return not filed for some period : High Court HIGH COURT OF DELHI Ramesh Chander v. Assistant Commissioner of Goods & Service Tax SANJEEV SACHDEVA AND RAVINDER DUDEJA, JJ. W.P.(C) NO. 822 OF 2024 CM. APPL. NO. 3521 OF 2024 JANUARY 19, 2024 Jyoti Nambiar,… Read More »
GST Order not valid if consultant engaged by Taxpayer did not informed him about notice and he could not reply : High Court 1. The petitioner assails an assessment order dated 10-8-2023 imposing tax liability of Rs. 1,18,996/-, interest of Rs. 1,13,786/- and penalty of Rs. 20,000/- for the financial year 2017-18. 2. The petitioner asserts that… Read More »