https://www.taxtmi.com/article/detailed?id=14895 Possession requires both physical control (corpus) and the mental intention to exclude others (animus possidendi); conscious possession must be inferred from facts and circumstances. In GST matters, de facto possession can trigger liability if accompanied by intent to possess, while de jure possession supported by title is generally conclusive. GST penalties depend on the taxpayer's intent or wrongful conduct, whereas bona fide disputes over liability may preclude penal consequences. en-us Tue, 29 Jul 2025 08:33:01 +0530 Tue, 29 Jul 2025 17:22:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=14895 Possession requires both physical control (corpus) and the mental intention to exclude others (animus possidendi); conscious possession must be inferred from facts and circumstances. In GST matters, de facto possession can trigger liability if accompanied by intent to possess, while de jure possession supported by title is generally conclusive. GST penalties depend on the taxpayer's intent or wrongful conduct, whereas bona fide disputes over liability may preclude penal consequences. Articles Goods and Services Tax - GST Tue, 29 Jul 2025 08:33:01 +0530 https://www.taxtmi.com/article/detailed?id=14895