Case Laws

Subscription paid by RBI towards certain expenses to National Institute of Bank Management (NIBM) for improvement of banking operations is taxable

Applicant can avail Input Tax Credit only to the extent of the invoice value less any post supply discounts

Value in respect of supply of goods to distinct persons being branches outside the state shall be governed by the provisions of Rule 28

GSTR-3B is NOT a return required to be filed under Section 39 of the CGST Act

Supply of frozen seafood in packages by a brand name holder is not eligible for exemption for the mere reason that the supply to a particular category of customers are made without inscription of Brand or Trade Name.

Sun Infra Services Pvt Ltd guilty of profiteering on the supply of flats

Disposable underpads fall under HSN 9619.00.90

Cervical pillows fall under HSN 9404 10 00

Baked Chips come under HSN 2008 19 40 and taxable at 12%

Where payments are netted off against receivables, the recipient will not be eligible for full ITC as they are not paying the full amount to their supplier.