Overlapping GST proceedings require Central and State authorities to designate one competent authority for coordinated adjudication of the same matter...
Composite healthcare supplies retain exemption when patient care is the contract's essential character, despite payment through an implementing agency...
Receipt of immovable property requires actual possession or enjoyment; redevelopment allotments exchanged for tenancy rights fall outside deemed incom...
Section 80P deduction covers Souharda credit societies, including qualifying surplus-deposit interest, subject to member KYC verification for cash dep...
Denial of Input Tax Credit (ITC) - Proof of movement of Goods (E-way bill) not produced - The High court acknowledges that the petitioner submitted original tax invoices, ledger accounts, bank statements, and relevant GSTR returns to support their position. However, they did not provide e-way bills, lorry receipts, or weighment slips to establish the actual movement of goods. The court notes that while the tax proposal was confirmed largely due to lack of proof of actual movement of goods, the documents submitted by the petitioner, including bank statements and GSTR 2A, indicated the availability of ITC. Thus, it deems it appropriate to provide the petitioner with an opportunity to produce additional documents to prove actual movement of goods. Matter restored back.
Denial of Input Tax Credit (ITC) - Proof of movement of Goods (E-way bill) not produced - The High court acknowledges that the petitioner submitted original tax invoices, ledger accounts, bank statements, and relevant GSTR returns to support their position. However, they did not provide e-way bills, lorry receipts, or weighment slips to establish the actual movement of goods. The court notes that while the tax proposal was confirmed largely due to lack of proof of actual movement of goods, the documents submitted by the petitioner, including bank statements and GSTR 2A, indicated the availability of ITC. Thus, it deems it appropriate to provide the petitioner with an opportunity to produce additional documents to prove actual movement of goods. Matter restored back.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4803
Join Channel
TaxTMI 
