Whether input tax credit is allowed on goods that are lost, destroyed, stolen, written off, or disposed of as gifts or free samples ?
Issue Favourable to Tax Payer ?:- yes
Held - All the inputs, packing materials whether in process of manufacture or intended to be used in the process of manufacture of the finished goo.....
Issue Favourable to Tax Payer ?:- no
Held - We hold that Cakes and pastry have limited shelf life and after expiry these bakery items are prohibited from sale. We draw our attention to.....
Issue Favourable to Tax Payer ?:- no
Held - The impugned assessment orders reject a portion of ITC claimed, invoking the provisions of clause (h) of Section 17(5). This relates to good.....
Issue Favourable to Tax Payer ?:- no
Held - It can be said that in this case, these give away promotional items which are distributed at the sole discretion of the Appellant without an.....
Issue Favourable to Tax Payer ?:- no
Held - The ITC on GST paid on the procurement of the “distributable” products which are distributed to the distributors, franchisees is allowed.....
Issue Favourable to Tax Payer ?:- no
Held - In the instant case, with regard to the first category i.e. the Franchisees of the applicant are associated in the business of one ano.....