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- Whether interest is to be paid from date of availment of input tax credit if payment is not made to vendor within 180 days ?
Whether interest is to be paid from date of availment of input tax credit if payment is not made to vendor within 180 days ?
TRT-2026-799
Issue Favourable to Tax Payer ?:- yes
Held - Coming to the second issue, I observe that the appellants had taken Cenvat credit of Rs. 3,70,613/- against four invoices, however, since payment against these cenvatable invoices was not made within the stipulated period of three months, credit taken against three invoices was reversed by the appellants within the stipulated period of three months, except against one invoice dated 31.01.2012 where there was a delay of just one day to r.....
- Whether reimbursement of expenses is leviable to GST?
- Whether input tax credit is admissible if invoice/debit note does not appear in Form GSTR-2A/2B or tax is not paid by 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 ?
