Calcutta High Court: Stereo Systems in E-Rickshaws Eligible for GST ITC Refund
Calcutta High Court rules stereo systems in e-rickshaws qualify as GST “inputs”, allowing ITC refund under Section 54(3) in inverted duty structure cases.
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Calcutta High Court rules stereo systems in e-rickshaws qualify as GST “inputs”, allowing ITC refund under Section 54(3) in inverted duty structure cases.
Bombay High Court rules that reinvesting proceeds from sale of an inherited property into multiple homes qualifies for Section 54 capital gains exemption.
Delhi High Court examines whether Customs can recover IGST refunds already sanctioned by GST authorities. Ruling may protect exporters from double jeopardy and clarify Section 54 …
ITAT rules that delay in property registration cannot deny Section 54 exemption if capital gains are reinvested on time. Major relief for homebuyers.
ITAT rules that owning multiple residential houses disqualifies Section 54F exemption. Strict interpretation of “one residential house” impacts capital gains tax planning.