Judgement Update | Composition of GSTAT is unconstitutional
The recent decision of Madras High Court in the case of Revenue Bar Association v. UOI, 2019-VIL-466-MAD has held that the constitution of GST Appellate Tribunal (GSTAT) is invalid.In this case, the petitioner contended that Section 109 and 110 of the Central Goods...
GST Compliance Calendar for October 2019
To Read More, Please click on the below mentioned link:Compliance Calendar- October 2019
Judgement Update | No need to reverse VAT ITC in case of inter-state sales to Government
This is to update you regarding the recent Supreme Court decision in the case of TVS Motor Company Limited v. The State of Tamil Nadu, S.L.P.(C) No. 9320-9324 of 2015. In this case, the Court was dealing with the availability of Input Tax Credit (‘ITC’) on goods...
Legal Precedents’ Series_ Issue 12 (Writs, NAA and AAR)
NITYA’s Insight-Legal Precedents’ Series’ (Writs, NAA and AAR) covering the period of August, 2019 for your kind perusal.To Read More, Please click on the below mentioned link:NITYA's Insight l Legal Precedents' Series_Issue 12 (Writs, NAA and...
GST Implications of The Jammu and Kashmir (Reorganisation) Act, 2019
The Jammu and Kashmir (Reorganisation) Act, 2019 (‘J&K Reorganisation Act’) will divide the State of J&K into two Union Territories (‘UT) viz. UT of J&K (with legislature) and UT of Ladakh (without legislature) from the appointed date i.e. October 31,...
Update on 37th GST Council Meeting
The 37th GST Council meeting on September 20, 2019 was expected to revive the plunging sentiments of Indian economy. While the Government gave a pleasant surprise by doing a massive reduction in the rates of Income Tax for corporates and foreign investors, the GST...
Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019
The Government vide the Finance Act, 2019 has implemented the Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 (‘Dispute Resolution Scheme’) for settlement of disputes of old Indirect Tax laws (excise and service tax). The Scheme has come into force from...
Judgement Update | High Court allows transition of various cesses (like education cess) to GST regime
This is to update you regarding the recent decision of Madras High Court in the case of Sutherland Global Services Private Limited v. AC CGST and Central Excise, where the Court has allowed the transition of credit of cesses levied under the erstwhile laws to GST...
Eligibility of transitional credit of various cesses
It is a well settled proposition that Parliament’s right to tax is unfettered and it can exercise this right even retrospectively. However, for a vested right like cenvat credit being legitimately enjoyed by a taxpayer, exercise of such retrospective power has always...
