Inverted Duty Structure
Indirect Taxes
SCN For Customs Duty Payment Invalid Without Finalisation of Provisional Assessment: Karnataka HC Orders Release of Areca Nuts
The Karnataka High Court has ordered the release of areca nuts and held that...
GST
ITC Fraud | GST Dept. Passed Order Without Considering Assessee’s Reply To SCN: P&H HC Quashes Bank Account Freezing
The Punjab and Haryana High Court has quashed an assessment order holding that failure...
Columns
Denial Of Refund Of Input Tax Credit On Inverted Duty Structure
The inverted duty structure is causing several administrative problems in the GST system. Taxpayers will have accumulated credits in the form of refund claims.
Latest articles
Indirect Taxes
SCN For Customs Duty Payment Invalid Without Finalisation of Provisional Assessment: Karnataka HC Orders Release of Areca Nuts
The Karnataka High Court has ordered the release of areca nuts and held that...
GST
ITC Fraud | GST Dept. Passed Order Without Considering Assessee’s Reply To SCN: P&H HC Quashes Bank Account Freezing
The Punjab and Haryana High Court has quashed an assessment order holding that failure...
Indirect Taxes
Customs Dept. Can Seize Smuggled Gold Even Inside City, Not Just Near Borders: Calcutta HC
The Calcutta High Court has held that the customs department can seize the smuggled...
Other Laws
NDPS Bail: Telangana High Court Holds Section 37 Inapplicable to Intermediate Quantity, Grants Bail in 9.1 Kg Ganja Seizure Case
The Telangana High Court has granted regular bail to an accused in a narcotics...