CIRCULARS
| S.No. | Circular No. | Subject |
|
01. |
Circular No. 171/03/2022-GST dt.06.07.2022 [Para 2 (3)] | Clarification on various issues relating to applicability of demand and penalty provisions under the Central Goods and Services Tax Act, 2017 in respect of transactions involving fake invoices |
CASE LAWS
|
Authority |
One Liner |
|
2024(05)LCX0107 Allahabad High Court Rajshi Processors |
Review petition against denial of ITC for violation of section 16(2)(b) stands dismissed due to lack of any additional evidence. |
|
2024(05)LCX0112 Allahabad High Court Rajshi Processors |
Department is not bound to allow ITC, merely because the currently non existent firm was registered on the date of transaction |