In this case rectification was allowed by the court. We have very strong jurisprudence related to the rectification in bona fide cases. Case Details- Start Engineers Pvt Ltd Versus Union of India Category – CE Rectification of returns 1 Ranking ***** Facts- An application of
When the courts allowed the rectification- The scheme of GST always allowed the rectification in return. But in many cases the portal restricted it. But initial hiccups of GSTIN made it difficult. In many cases the taxpayer was not being able to rectify their mistake.
No ITC reversal- In a recent judgment the court has observed that the ITC shouldn’t be denied merely on fact that the registration of supplier is cancelled. The contentions of the petitioner were rejected entirely on the ground that the petitioner should have proved the
When registrations are cancelled by the departments- In many cases the department is cancelling the registrations of suppliers. There can be various stances when a registration can be cancelled.- When the supplier is not filing the returns When the supplier is found to be non
1- Why an SCN is issued ? The Show cause notice gets its power from the principles of natural justice. Although most of the statutes provide for its issuance. But even if it is not written in any statute, SCN is mandatory. As per the
Restaurant Penalised for Overcharging GST on Packaged Drinking Water The Sambalpur District Consumer Court penalised a restaurant on VSS Marg in Sambalpur for charging GST on a packaged drinking water bottle, in violation of consumer protection regulations. Details of the Incident Sashank Sekhar Majhi, a
ICAI Releases February 2024 Edition The Institute of Chartered Accountants of India (ICAI) has recently launched the February 2024 edition of “Compliances of GST in the Banking Sector.” This publication is intricately crafted to offer an updated understanding of GST regulations specifically tailored for banks.
ICAI Unveils February 2024 Edition: “Navigating GST Compliance in the Banking Sector” The Institute of Chartered Accountants of India (ICAI) has launched the much-anticipated February 2024 edition of “Compliances of GST in the Banking Sector.” This publication is meticulously curated to offer professionals in the
A recruitment consultancy, often called a staffing or employment agency, connects employers with suitable candidates for job vacancies. These consultancies play a crucial role in hiring by sourcing, screening, and presenting qualified candidates to organizations seeking to fill specific positions. They work closely with employers
Streamlining Norm Fixation Process: DGFT Issues Public Notice The Directorate General of Foreign Trade (DGFT) has issued Public Notice No. 15/2023 dated March 14, 2024, introducing amendments to Para 4.06 and Para 4.14 of the Handbook of Procedures 2023 (HBP 2023). These amendments aim to
