Inverted Duty Structure
Indirect Taxes
Car Sale Can Be Complete Without Registration Transfer; Rolls-Royce Seized in Tax Proceedings Ordered to Be Auctioned: Madras HC
The Madras High Court has held, on a prima facie assessment, that handing over...
Company & PMLA
Jewellery Sale Proceeds Not Exempt From Bankruptcy Estate; ₹19.17 Lakh Must Be Returned: NCLAT
The National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, has held that...
GST
56th GST Council Proposes Risk-Based Provisional Refunds for Inverted Duty Structure
Providing much-needed relief to taxpayers facing delays in refund processing, the 56th GST Council...
GST
Retrospective GST ITC Refund Under Amended Inverted Duty Structure Upheld: Supreme CourtÂ
The Supreme Court has upheld the Gujarat High Court’s decision allowing retrospective refund of...
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
Car Sale Can Be Complete Without Registration Transfer; Rolls-Royce Seized in Tax Proceedings Ordered to Be Auctioned: Madras HC
The Madras High Court has held, on a prima facie assessment, that handing over...
Company & PMLA
Jewellery Sale Proceeds Not Exempt From Bankruptcy Estate; ₹19.17 Lakh Must Be Returned: NCLAT
The National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, has held that...
Direct Tax
Income Tax Demand Can Be Stayed Without 20% Deposit Where Reopening Faces Limitation Challenge: Bombay HC
The Bombay High Court has granted an unconditional stay on an income tax demand...
GST
Multiple GST Proceedings Over Same Suppliers: Calcutta HC Directs Dept. To Share Findings For Adjudication
The Calcutta High Court has directed coordination between investigating GST authorities and the Directorate...