input tax credit – Page 2

GSTAT Upholds Anti-Profiteering Ruling Against Real Estate Developer Over Unpassed ITC Benefits

GSTAT upholds a major anti-profiteering ruling against a real estate developer for failing to pass on ITC benefits to homebuyers, ordering refunds and...

Prasenjit Bhowmik May 22, 2026

Taxation and Legal Insights

Paradox of Permanence: Why Bolted Telecom Towers Remain ‘Movable’ Under GST

Discover why India's bolted telecom towers are legally 'movable' under GST, safeguarding billions in tax credits for telcos.

Prasenjit Bhowmik May 22, 2026

Taxation and Legal Insights

Karnataka High Court Rules in Favor of Taxpayers on ITC Rejection, Citing Retrospective Law Application

The Karnataka High Court has set aside the rejection of Input Tax Credit (ITC) claims for businesses that filed their Goods and Services Tax (GST) returns before November 30, 2021.…

Prasenjit Bhowmik May 20, 2026

Taxation and Legal Insights

CESTAT Rules CENVAT Credit Applicable on GTA Services for FOR Destination Sales

The Customs, Excise, and Service Tax Appellate Tribunal (CESTAT), Chennai bench, recently ruled that CENVAT credit is admissible on Goods Transport Agency (GTA) services when goods are sold on a…

Prasenjit Bhowmik May 20, 2026