Anti-Profiteering proceedings - Benefit of reduction in the rate ...

India Gate Basmati Rice Anti-profiteering Case Dismissed Due to No Input Tax Credit Benefit for Consumers.

May 11, 2018

Case Laws GST NAPA

Anti-Profiteering proceedings - Benefit of reduction in the rate of tax - India Gate Basmati Rice - there has been no net benefit of ITC available to the Respondent which could be passed on to the consumers - Application has no merit, hence the same is dismissed.

View Source

← Previous Next →

Anti-Profiteering proceedings - Benefit of reduction in the rate ...

India Gate Basmati Rice Anti-profiteering Case Dismissed Due to No Input Tax Credit Benefit for Consumers.

May 11, 2018

Case Laws GST NAPA

You may also like:

Input tax credit - eligibility of benefit of input tax credit claimed after six months from the date of invoice - the Apex court has held that credit is indefeasible....

Goods not in conformity with Basmati Rice – presence of other rice, i.e. non-basmati rice, was more than permissible maximum limit of 20% - Additional Commissioner was...

Input Tax Credit - Reversal / refunding of ITC - the Integrated Goods and Service Tax (IGST) was not paid and ‘NIL’ return had been filed by the seller but the...

Utilisation of Input Tax Credit - outward supply of Gold & Silver bullion - The applicant/appellant can use the Input Tax Credit Balance available in its Electronic...

Input Tax Credit - credit was not effected in Form GSTR-2A - If on examination of the evidence submitted by the assessee, the assessing officer is satisfied that the...

Electronic commerce operators (ECOs) required to pay tax u/s 9(5) of CGST Act for specified services supplied through their platform are not required to reverse...

Export of Basmati Rice - length and breadth, of the grain - AGMARK standards - DGFT policy circular has clearly indicted that the same may be done - the goods are...

Mis-declaration of description of goods – export of non-basmati rice as basmati rice - no leniency can be made to reduce redemption fine - AT

Input Tax Credit - solar power panels procured and installed - blocked credit- When Electricity energy manufactured using the Solar Panels were supplied to TANGEDCO...

Quantum of transfer of CENVAT Credit to GST - transitional credit - It is obvious that as per first proviso to Section 140(1), only the credit which is admissible as...

Sub-section (5) and sub-section (6) inserted in section 16 of CGST Act retrospectively extend the time limit to avail input tax credit in certain specified cases...

Adjustment of tax liability – Out of input tax credit available – dealer can adjust current year tax liability out of Input Tax Credit available in credit of dealer -...

The Central Government is empowered to formulate and amend the Foreign Trade Policy. The impugned Notification prohibiting export of Non-Basmati White Rice, except in...

Reversal of Input Tax Credit - inputs consumed in dye intermediates (which is also a finished goods), where such goods have been destroyed in fire - - Since the said...

Assessee employed by Indian entity but sent on long-term international assignment to Singapore. Salary received in India for administrative reasons, but employment...

Quick Updates: