A welcome judgement – CGST Credit can be utilized for making payment of taxes and deposits under erst-while laws.
Standing Orders issued by CGST Principal Commissioner, Hyderbad on Sec. 50 of CGST and TGST Acts on payment of interest.
Income Tax case- No builder or developer can be penalized for delay attributed to Competent Authorities in issuing completion certificate: HC
Prisons are teeming with persons convicted of heinous crimes, the energy, time and money that the Revenue wastage of time in some minor cases could have been brought to better use in other graver cases.
Even If agreement between the applicant and the buyer is entered after part of the construction is already completed, whole of the consideration would be liable for GST.
ITC NOT AVAILABLE FOR GST PAID FOR HOTEL STAY ON RENT-FREE ACCOMMODATION PROVIDED TO COMPANY DIRECTOR AND MANAGER: AAR MAHARASHTRA
Multiple Flats in same building received under Joint Development Agreement eligible for Sec. 54F deduction
GST- Interest liability U/ Sec. 50 of CGSTA/SGSTA on account of the delayed filing of GSTR-3B returns – Interest liable to be paid both on the cash and the ITC component of the tax paid after the due date prescribed – Recovery of such interest as clearly recoverable arrears- Reg