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| September 2023 (Week 1) | ||
GST NEWS BULLETIN
Pre-deposits made through the E-credit ledger are valid under the GST
The Hon’ble Orrisa High Court in M/s. Kiran Motors v. Addl. Commissioner of CT & GST [W.P (C) No.22817 of 2023 dated August 10, 2023] set aside the appeal rejection order passed by the 1st Appellate Authority and held that a pre-deposit under GST can be made through electronic credit Ledger (“ECL”)....
ITC is eligible for inputs used for the construction of the foundation of machinery
The AAR, Rajasthan, in M/s. Uvee Glass Private Limited [Advance Ruling No: RAJ/AAR/2023-24/05 dated June 30, 2023] held that Input Tax Credit (“ITC”) of GST paid on the inward supply for fixing of plant and machinery to earth by foundation or structural support which is used for making outward supply of taxable goods is allowed....
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