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Infra companies likely to approach courts on 18% GST on corporate guarantee

Sources indicate several firms likely to file write petitions in Supreme Court

Abhisheka rastogiAnkur guptaServices tax councilSupreme courtPractice leaderIndirect taxRastogi chambersCorporate guaranteeInfra companies

Govt likely to create admission benches in NCLT - Industry News

Govt likely to create admission benches in NCLT - Industry News
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Abhishek rastogiSaloni kothariNational company law tribunalBankruptcy codeCorporate insolvency resolution processAdjudicating authorityGroup general counselRastogi chambers

cbic: CBIC raises threshold for filing appeals before CESTAT and courts

The Central Board of Indirect Taxes and Customs (CBIC) has increased the threshold for filing appeals before the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) by ten times to Rs 50 lakh, aiming to reduce litigations. The thresholds for appeals in high courts and the Supreme Court have been doubled to Rs 1 crore and Rs 2 crore, respectively.

Abhisheka rastogiSupreme courtService tax appellate tribunalCentral boardIndirect taxesDirect taxesRastogi chambersLaw ministryCentral board of indirect taxes and customsCentral board of direct taxes

gst: Bombay HC restores GST registration; set aside a SCN issued by the CGST for want of reason

Earlier on September 5, the CGST issued summons to the petitioner in regard to avail of Input Tax Credit (ITC) by allegedly using fake invoices. Subsequently, on September 8, Saiyed was arrested and was remanded to judicial custody. On September 18, a show cause notice (SCN) was issued to the petitioner for cancellation of the registration. The CGST also attached his bank accounts.

Afzal husain saiyedJustice jitendra jainAbhisheka rastogiBombay high courtInput tax creditRastogi chambersHealth careJurisdictional courtsJitendra jain

Kerala HC ruling may bring relief to cos in GST litigation

In its judgement dated September 20, the court sent the case back to the assessing authority to examine the evidence provided by the petitioner irrespective of the difference in GSTR-2A and GSTR-3B forms. Following the assessment of the evidence provided by the petitioner, the court directed the assessing authority to pass orders in accordance with law.

Abhisheka rastogiSaurabh agarwalKulraj ashpnaniSupreme courtKerala high courtGalaxy tradersRastogi chambersInput taxGst litigationInput tax credit

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