GST UPDATE
Desk of CA. Praveen Sharma
Series- 445
GST Case Laws
1- ANDHRA PRADESH HIGH COURT in the case of Arhaan Ferrous and Non-Ferrous Solutions Pvt Ltd - Responsibility of the purchaser will be limited to the extent of establishing that he bonafidely purchased goods from the seller for valuable consideration by verifying the GST registration available on the official web portal.
2- TELANGANA-AAR in the case of Sai Service Pvt. Limited - The applicant is not entitled to avail the input tax credit charged on inward supply of motor vehicle which are used for demonstration purpose in the course of business of supply of motor vehicles as input tax credit on capital goods.
3- WEST BENGAL-AAAR in the case of Karnani Fnb Specialities LLP - The sale of alcoholic liquor for human consumption is a non-taxable supply under Section 2(78) of the GST Act, 2017 and subsequently is an exempt supply under Section 2(47). Therefore, the appellant is required to reverse input tax credit (ITC) in terms of sub-section (2) of section 17 read with Rule 42 of the GST Rules, 2017 for sale of alcoholic liquor for human consumption.
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CA. Praveen Sharma
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