Gauhati High Court: ITC Cannot Be Denied to Genuine Buyers for Supplier’s Lapse
Gauhati High Court rules that Input Tax Credit cannot be denied to genuine buyers for supplier’s GST default. Section 16(2)(aa) read down to ensure fairness.
Curated legal news, case breakdowns, and workflow tips for fast-moving practitioners.
Showing 5 of 5 articles.
Gauhati High Court rules that Input Tax Credit cannot be denied to genuine buyers for supplier’s GST default. Section 16(2)(aa) read down to ensure fairness.
The Bombay High Court has ordered Customs to refund ₹35.37 lakh with 9% interest to Ajay Industrial Corporation after goods were short-landed and never cleared for home consumptio…
Indian courts are increasingly turning to financial experts, economists, and technical advisors to decide complex cases involving taxation, securities, insolvency, and competition…
In a landmark ruling, the Supreme Court held that under Section 4 of the Central Excise Act, transaction value only determines the quantum of excise duty — not excisability. The L…
The Court held that valid revenue taxes within legislative power don’t violate Article 19(1)(g), but discriminatory or colourable taxes can be struck down.