Rectification of mistake remains limited to self-evident record errors, preventing merits review through miscellaneous applications and preserving fin...
Tender creditworthiness conditions may extend to de facto Promoter Directors, with post-participation challenges generally barred absent arbitrariness...
Corporate representation in PMLA summons proceedings permitted through an authorised signatory, subject to directors' continuing cooperation and atten...
Helicopter charter classification requires effective control analysis, while territorial performance, reasoned credit orders and wilful suppression de...
Specified fund definition expands PAN exemption eligibility for registered alternative investment funds and qualifying International Financial Service...
Tax exemption for specified legal-services authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and...
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AAR held that the applicant is entitled to avail ITC only on GST paid on rent for June 2022, subject to compliance with the time limit prescribed under S.16(4) CGST Act. It was determined that invoices pertaining to periods when the landlord was unregistered do not constitute valid tax invoices for ITC, as the supplier lacked registration and such invoices were also issued beyond the time limit stipulated in R.47 CGST Rules. Consequently, ITC on those invoices is inadmissible. On the query whether availment of such ITC would invite audit or departmental scrutiny, AAR declined to answer, holding it outside the scope of S.97(2) CGST Act.
AAR held that the applicant is entitled to avail ITC only on GST paid on rent for June 2022, subject to compliance with the time limit prescribed under S.16(4) CGST Act. It was determined that invoices pertaining to periods when the landlord was unregistered do not constitute valid tax invoices for ITC, as the supplier lacked registration and such invoices were also issued beyond the time limit stipulated in R.47 CGST Rules. Consequently, ITC on those invoices is inadmissible. On the query whether availment of such ITC would invite audit or departmental scrutiny, AAR declined to answer, holding it outside the scope of S.97(2) CGST Act.
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