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| June 2023 (Week 5) | ||
GST NEWS BULLETIN
Assessee is entitled to claim ITC on the vehicle modified and supplied as an ambulance
The AAR, Telangana in M/s. Raminfo Limited [TSAAR Order No.02/2023 dated April 03, 2023] ruled that the assessee can claim Input Tax Credit (“ITC”) on the purchase of 7 seater vehicle which will be transformed into an ambulance for further supply.
SCN lacking specific reasons is liable to be set aside
The Hon’ble Delhi High Court in Fayiz Nangaparambil v. Union of India & Anr. [W.P.(C) 7477/2023 dated May 26, 2023] set aside the Show Cause Notice (“SCN”) proposing to cancel the GST Registration of the assessee, on the grounds that SCN is bereft of any specific reasons that could be addressed by the assessee.
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