Handicraft job work receives concessional GST only for registered principals and predominantly handmade goods; commercial resin articles remain taxabl...
Reassessment disclosure requirements permit stated reasons without revealing information sources, but prior-taxation claims require full examination b...
Independent assessment discretion and corroborated electronic evidence determine validity of on-money additions and undisclosed-consideration assessme...
Disallowance of belated claim of Input Tax Credit was set aside, following the Division Bench ruling in BHARAT EARTH MOVERS LIMITED VERSUS THE STATE OF KARNATAKA, which held that the right to claim Input Tax Credit is indefeasible and no time limit is prescribed u/s 10(3) of the KVAT Act for availing Input Tax Credit. The High Court found no question of law requiring admission of the revision petition and disposed it off.
Disallowance of belated claim of Input Tax Credit was set aside, following the Division Bench ruling in BHARAT EARTH MOVERS LIMITED VERSUS THE STATE OF KARNATAKA, which held that the right to claim Input Tax Credit is indefeasible and no time limit is prescribed u/s 10(3) of the KVAT Act for availing Input Tax Credit. The High Court found no question of law requiring admission of the revision petition and disposed it off.
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