News

Balaji Telefilms Limited and its subsidiary disclosed GST demands exceeding Rs. 50 crore on alleged excess ITC claims for FY 2021-22, and plans to file appeals.

Balaji Telefilms and Its Subsidiary Faces Rs. 50.62 Crores GST Demand; Plan to Appeal Before Appellate Authority

Judgement

The GSTAT allowed the taxpayer to reconcile GSTR-1 and GSTR-3B differences, holding that timing adjustments cannot automatically trigger tax demand, and ordered fresh review.

GSTR-1 and GSTR-3B Differences Can’t Automatically Trigger Tax Demand: GSTAT

The CGST Delhi South Commissionerate uncovers a Rs. 6.53 crore fake ITC scam involving bogus Rs. 36.28 crore invoices; the company director is arrested and sent to judicial custody.

CGST Delhi Busts Rs. 6.53 Crore Fake ITC Scam; Director Arrested Over Bogus Rs. 36.28 Crore Invoices

IndiGo believes it has a strong case based on the facts, supported by advice from its external tax advisors.

IndiGo Slapped With Rs 1.27 Crore GST Penalty Over ITC Denial

GSTAT holds absence of fraud bars action under Section 74; directs fresh adjudication with opportunity to amend returns

GSTAT: Section 74 Demand Fails; Matter Must Be Re-determined Under Section 73

Tribunal accepts DGAP report; holds no additional ITC benefit accrued post-GST under Section 171 of the CGST Act

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Balaji Telefilms and Its Subsidiary Faces Rs. 50.62 Crores GST Demand; Plan to Appeal Before Appellate Authority

GSTR-1 and GSTR-3B Differences Can’t Automatically Trigger Tax Demand: GSTAT

CGST Delhi Busts Rs. 6.53 Crore Fake ITC Scam; Director Arrested Over Bogus Rs. 36.28 Crore Invoices

IndiGo Slapped With Rs 1.27 Crore GST Penalty Over ITC Denial

GSTAT: Section 74 Demand Fails; Matter Must Be Re-determined Under Section 73

GSTAT Dismisses Profiteering Allegation Against Mantri Castles in “Mantri Serenity” Project