Amendment in CGST Act-Taxpayer need to pay GST from Bank even if dealer have ITC balance from 01.02.2019
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.