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Day: June 16, 2023

RECENT UPDATES:

Vijay’s Birthday Celebration – Relaxation for filing appeals against demand orders passed till 31.03.2023 under Section 73 or 74 of the CGST Act, 2017 – GST Credit cannot be denied to purchaser if Supplier Registration is cancelled retrospectively – DGGI issues notices to education intermediaries – Advisory on Bank Account Validation – SCN can’t be issued by Deputy Commissioner when Form GST DRC-01A was already issued by Assistant Commissioner: HC – 25% of fake billing in Aadhaar-GST scam was done in Gujarat – GST dept to get access to banking transactions – Online games of skill like rummy are not taxable as ‘betting and gambling’ under GST Act: Karnataka High Court – GST probe into insurers widens, 10 more firms to get notices soon

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GST Credit cannot be denied to purchaser if Supplier Registration is cancelled retrospectively

In an important decision, the Calcutta High Court (‘HC’) in the case of Gargo Traders vs Joint Commissioner of State Tax (WPA 1009 of 2022), held that GST authorities should allow Input Tax Credit (‘ITC’) in case of

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Probity Consultants is a leading tax consultancy firm based out of Kolkata, comprising experienced Chartered Accountants and Tax Consultants from divergent industries. We provide assistance with tax planning, compliance, and representation before tax authorities.

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