CIRCULARS
| Circular No. | Subject |
| Circular No. 241/35/2024-GST Dated 31.12.2024 | Clarification on availability of input tax credit as per clause (b) of subsection (2) of section 16 of the Central Goods and Services Tax Act, 2017 in respect of goods which have been delivered by the supplier at his place of business under Ex-Works Contract |
| Circular No. 171/03/2022-GST Dated 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 |