Settlement application eligibility requires a pending assessment when filed, preventing an extra prior-eligibility condition from blocking considerati...
Reassessment for unreturned property sales survives where transfer information, non-filing, and unsupported exemption claims establish a prima facie l...
Profit-element taxation limits additions for unaccounted flat-sale receipts and grey-market purchases, while reliable search records support partial a...
Input tax credit claimed in GSTR-3B but not reflected in GSTR-2A requires category-wise and invoice-wise reconciliation; invoices alone or supplier default do not establish entitlement, while the entire mismatch cannot be disallowed without verification. Supplier certificates may be considered under the applicable circular but must be verified, and reverse-charge credit and tax-head or B2B-to-B2C reporting errors require independent examination. Effective opportunity of hearing is required before adjudication. Renting of immovable property is supplied where the property is located; where the supplier and property are in the same State, CGST and SGST credit remains available despite erroneous IGST reporting if tax is paid and no revenue loss arises.
Input tax credit claimed in GSTR-3B but not reflected in GSTR-2A requires category-wise and invoice-wise reconciliation; invoices alone or supplier default do not establish entitlement, while the entire mismatch cannot be disallowed without verification. Supplier certificates may be considered under the applicable circular but must be verified, and reverse-charge credit and tax-head or B2B-to-B2C reporting errors require independent examination. Effective opportunity of hearing is required before adjudication. Renting of immovable property is supplied where the property is located; where the supplier and property are in the same State, CGST and SGST credit remains available despite erroneous IGST reporting if tax is paid and no revenue loss arises.
Note: It is a system-generated summary and is for quick reference only.