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- Whether input tax credit is allowed on expenses incurred in relation to issue of share capital ?
Whether input tax credit is allowed on expenses incurred in relation to issue of share capital ?
TRT-2025-788
Issue Favourable to Tax Payer ?:- yes
Held - All the facts of the case and the submissions of both the sides have been carefully considered. It is observed that as the definition of Rul.....
TRT-2025-789
Issue Favourable to Tax Payer ?:- yes
Held - In this case, the services are clearly covered by inclusive part of the definition which covers financing as one of the headings under which.....
- Whether reimbursement of expenses is leviable to GST?
- Whether input tax credit is admissible if the invoice/debit note is missing in Form GSTR-2A/2B or tax remain unpaid by the supplier ?
- Whether marketing and sales promotion services to customers located outside India is intermediary or export of services ?
- Whether order / show cause notice is valid if passed without pre-show cause notice consultation or GST DRC-01 (summary SCN) or GST DRC-01A (tax intimation notice) ?
- Whether recovery proceedings can be initiated if assessee is willing to file an appeal ?
- Whether input tax credit can be transferred to the transferee entity in case of an inter-state business transfer ?
- Whether interest is payable for the period during which the reply to the deficiency memo remains pending ?
- Whether combined show cause notice can be issued covering multiple financial years ?
- Whether tax can be recovered by Department without prior intimation in Form DRC-01D ?
- Whether a penalty equal to 200% of the tax amount can be demanded in case of detention or seizure of goods ?
