Section 128A of the CGST Act, effective from September 27, 2024, through Notification No. 17/2024, provides taxpayers relief from interest and penalties in non-fraud cases. This section aims to reduce ...

In Safari Retreats case, the Supreme Court allowed businesses to claim input tax credit (ITC) on properties classified as ‘plant’ under the functionality test ...

Legal Debate At Tipping Point Over Notification Extending GST Deadline. Legal News and Analysis - India - Tax - Conventus Law ...

Against the backdrop of a Supreme Court ruling related to input tax credit, the government has mooted substituting the word 'plant or machinery' with 'plant and machinery' under a section of the ...