Clean slate principle extinguishes uncrystallised operational claims and bars continuation of pending recovery and arbitral proceedings after plan app...
Works contract classification governs composite layout-development contracts where VAT-paid goods are transferred alongside construction and infrastru...
Specified income tax exemption for pollution control body remains conditional on non-commercial activity, unchanged income character, and return filin...
Jurisdictional facts in certificate-of-origin discrepancies can support customs show-cause proceedings, leaving factual explanations for departmental ...
Bona fide GST return errors involving invoices reported under a GST TDS GSTIN rather than the regular GSTIN may be rectified where the correction causes no revenue loss and is necessary to enable input tax credit consideration. The text states that portal limitations on altering filed entries do not, by themselves, justify refusal of rectification. It also notes that retrospective relaxation of the input tax credit time limit for the relevant financial year supported the request. Amendment or rectification of GSTR-1 and GSTR-3B was directed through online or manual means within four weeks.
Bona fide GST return errors involving invoices reported under a GST TDS GSTIN rather than the regular GSTIN may be rectified where the correction causes no revenue loss and is necessary to enable input tax credit consideration. The text states that portal limitations on altering filed entries do not, by themselves, justify refusal of rectification. It also notes that retrospective relaxation of the input tax credit time limit for the relevant financial year supported the request. Amendment or rectification of GSTR-1 and GSTR-3B was directed through online or manual means within four weeks.
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