Tax Lok English Viedo
Know about our powerfull on-line library on GST & Income Tax
Know about our powerfull on-line library on GST & Income Tax
Tax Lok Hindi Viedo

Latest GST Judgments

For Full Access To All Latest Judgments on GST
Click Here To Subscribe Now
Take a tour of our GST Library

The petitioner can either claim the refund of the amount unrongly deposited under CGST head or the same may be adjusted against future liability.

Recovery of Tax — The petitioner is aggrieved by the letter issued by the respondent whereby the petitioner Company has been saddled with the liability to pay the short paid IGST, amounting to Rs.41,98,642/-, along with due interest within a period of one week, failing which, appropriate action under the Provisions of the CGST Act, 2017, and the Rules framed there under, was to be initiated against the petitioner for recovery of the IGST amount along with due interest. The petitioner fairly conceded to deposit the amount of tax within a week and shall either claim the refund of the amount wrongly deposited under the CGST head, or the same may be adjusted against their future liabilities under the CGST head. Writ petition allowed with the direction to the petitioner Company to deposit the amount of Rs.41,98,642/-, under the IGST, towards the liability of September, 2017. The petitioner shall not be liable to pay any interest on the said amount. The petitioner shall also be entitled to get the refund. — Nanak Ferro Alloys Pvt. Ltd. Vs. The Union of India Through The Commissioner, Central Goods And Services Tax And Central Excise, Ranchi., The Superintendent, Range-I, Central Goods & Services Tax And Central Excise, Ramgarh [2019] 19 TAXLOK.COM 111 (Jharkhand)

Tax Lok English Viedo
Tax Lok Hindi Viedo
Know about our powerfull on-line library on GST & Income Tax
Know about our powerfull on-line library on GST & Income Tax
whatsapp with taxlok SUBSCRIBE OUR MAGAZINE

FOR FREE CONDUCTED TOUR OF OUR ON-LINE LIBRARIES WITH OUR REPRESENTATIVE-- CLICK HERE