Governmental authority status supports construction-service exemption, while pre-cutoff contract and stamp-duty compliance requires verification on re...
Automated Free Sale and Commerce Certificates enable paperless processing while retaining risk-based manual verification for selected exporter applica...
Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
Carry forward of excess payment of tax as ITC for next year - Allegation of availment of excess input tax credit - . The appellant argued that the net tax payable for the previous year was in minus, indicating an excess tax payment that should be returned back and carried forward as Input Tax Credit for the next year. The High Court agreed with the appellant's argument and set aside the order passed by the Writ Court. The matter was remitted back to the revenue for reconsideration, with instructions to provide the appellant with an opportunity to present her case.
Carry forward of excess payment of tax as ITC for next year - Allegation of availment of excess input tax credit - . The appellant argued that the net tax payable for the previous year was in minus, indicating an excess tax payment that should be returned back and carried forward as Input Tax Credit for the next year. The High Court agreed with the appellant's argument and set aside the order passed by the Writ Court. The matter was remitted back to the revenue for reconsideration, with instructions to provide the appellant with an opportunity to present her case.
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