- Home
- General Issues
- Input Tax Credit
- ITC on blocked credit
- Whether input tax credit is allowed on goods that are lost, destroyed, stolen, written off, or disposed of as gifts or free samples ?
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 - In these circumstances, we feel that the appellant have rightly availed the Cenvat credit on the CPEs which have been placed for utilization.....
Issue Favourable to Tax Payer ?:- yes
Held - From a reading of the Circular No. 92/11/2019-GST dated 07.03.2019 issued vide F. No. 20/16/04/2018-GST and the facts of the matter i......
Issue Favourable to Tax Payer ?:- no
Held - If we accept the contention of the applicant that the promotional items are supplied as a contractual obligation e.g. watch is given under t.....
Issue Favourable to Tax Payer ?:- no
Held - The company has itself maintained that these free of cost supplies are made with an intention to earn consideration. This statement itself r.....
Issue Favourable to Tax Payer ?:- no
Held - Dispatch of samples of finished goods for quality testing purposes to proof establishments and the consumption of such goods during such tes.....
Issue Favourable to Tax Payer ?:- no
Held - To sum up ITC on “gifts” will not be available when no GST is being paid on their disposal. Just because the applicant submits that they.....
- 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 ?
