Tax Guru

ITC Reversal Fails When GST Registration Cancellation Is Set Aside: AP HC

The court held that ITC reversal under Section 29(5) depends on a valid cancellation. Once registration is restored, the ITC ...
Tax Guru

GST Treatment of Warehouse Inventory Expiry: ITC Reversal & Compliance

This explains when ITC becomes ineligible under Section 17(5)(h) due to expiry or destruction of goods. The key takeaway is that ITC reversal is mandatory and ...
PSU Connect

NBCC (India) Ltd receives two GST demand order under Goods and Services Tax

Limited has received two GST demand orders under the CGST Act, 2017, involving tax, interest and penalties exceeding ₹94 ...
Seeking Alpha

Shoals Technologies Group Appeals ITC Reversal Decision to Federal Circuit and Receives Institution in New ITC Action Against Voltage

PORTLAND, Tenn., Feb. 11, 2025 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (SHLS), a global leader in electrical balance of system (EBOS) solutions for the energy transition market, announced ...
Hosted on MSN

GST reforms: No input tax credit on commission for individual health, life insurance policies from Sep 22; insurers to bear cost

Insurers will no longer be able to claim input tax credit (ITC) on Goods and Services Tax (GST) paid on commissions and brokerage for individual health and life insurance policies from September 22, ...
Enid News & Eagle

Shoals Technologies Group Appeals ITC Reversal Decision to Federal Circuit and Receives ...

PORTLAND, Tenn., Feb. 11, 2025 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (Shoals) (Nasdaq: SHLS), a global leader in electrical balance of system (EBOS) solutions for the energy transition ...
Morningstar

Shoals Technologies Group Appeals ITC Reversal Decision to Federal Circuit and Receives Institution in New ITC Action Against Voltage | Morningstar

Shoals Technologies Group Appeals ITC Reversal Decision to Federal Circuit and Receives Institution in New ITC Action Against Voltage Provided by GlobeNewswire Feb 11, 2025 3:58pm ...