*_No Interest or Penalty on wrong availment of ITC: Madras High Court_*

*In the Favour of Taxpayer* *Issue* Whether proper officer was correct in imposing 100% penalty and interest u/s 50(3) of the CGST Act 2017 where the taxpayer has availed excess transition credit with an intention to utilise the same in future. Where such excess credit availed by the taxpayer remains unutilised, whether department can proceed […]

*_Recovery of Notice Pay is not a Supply under GST: AAR, Maharashtra_*

GST Solutions for Professionals

*In the Favour of Taxpayer* *Issue* Whether the notice pay recovered by the employer from the employee in lieu of not serving the notice period is a supply under Section 7 of CGST Act 2017? Whether the recovery of notice period shall be treated as consideration towards tolerating and forbearing an act of the employee? […]

Unitax: The GST Solutions for Professionals

GST Solutions for Professionals

Unitax is an end-to-end encrypted online platform which provides solutions to GST problems which professionals face in their professional lives. It is an integrated GST Solutions for Chartered Accountants, Lawyers and Bookkeepers. Unitax is highly confidential and with an assurance that your client shall not be  poached. The purpose of creating the platform was to […]

What is covered under obligation to refrain or to do an Act under GST?

Replies to GST Notices

There is a misnomer that every compensation received towards liquidated damages by a person is chargeable to GST. There are number of queries which are raised at Unitax regarding compensation received by the client either by order of court, or by arbitration/mediation or even simple penalty for violation of contract. It is found that department […]