Transfer-pricing aggregation of distinct support-service and subcontract transactions was rejected, while debt-free receivables attracted no notional ...
Customs exemptions cover photovoltaic assembly machinery and PVF backsheets, while fully declared cleared imports may avoid confiscation and penalties...
Specific tariff classification for LCD devices overrides treatment as electricity-meter parts, defeating differential duty, extended limitation, and p...
Stayed disciplinary punishment does not establish unfitness for insolvency professional registration; reconsideration must disregard mere pendency of ...
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.
TaxTMI 
TaxTMI 
of 4884 
