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...
The High Court examined the constitutionality of u/s 16(2)(c) and 16(4) of the CGST/SGST Act regarding Input Tax Credit (ITC) restrictions. The Court held that the legislation was valid as it falls u/s Article 246A and serves public purposes. The claim for ITC is a concession, not an absolute right, subject to statutory conditions. The restrictions on ITC time limits were deemed necessary for revenue balance. The Court rejected challenges to the constitutionality of the sections, emphasizing the importance of statutory restrictions. The Court granted partial relief for 2017-18 and 2018-19, allowing for the refund of unutilized ITC and extending the time limit for filing annual returns.
The High Court examined the constitutionality of u/s 16(2)(c) and 16(4) of the CGST/SGST Act regarding Input Tax Credit (ITC) restrictions. The Court held that the legislation was valid as it falls u/s Article 246A and serves public purposes. The claim for ITC is a concession, not an absolute right, subject to statutory conditions. The restrictions on ITC time limits were deemed necessary for revenue balance. The Court rejected challenges to the constitutionality of the sections, emphasizing the importance of statutory restrictions. The Court granted partial relief for 2017-18 and 2018-19, allowing for the refund of unutilized ITC and extending the time limit for filing annual returns.
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