Introduction Date of the Judgment: April 09, 2025 Citation: 2025 INSC 477 Judges: Bela M. Trivedi, J., Prasanna B. Varale, J. What happens when individuals accused of serious economic offenses deliberately avoid court summons and warrants? The Supreme Court of India recently tackled this critical question in a series of appeals stemming from a case […]
Supreme Court Clarifies Input Tax Credit Claims Under Karnataka VAT Act Date of the Judgment: 13 March 2023 Citation: (2023) INSC 208 Judges: M.R. Shah, J. and C.T. Ravikumar, J. Can a purchasing dealer claim Input Tax Credit (ITC) merely by producing invoices and payment records, or is there a higher burden of proof? The
Karnataka VAT Act: Supreme Court clarifies burden of proof for Input Tax Credit Date of the Judgment: 13 March 2023 Citation: (2023) INSC 212 Judges: M.R. Shah, J. and C.T. Ravikumar, J. Can a purchasing dealer claim Input Tax Credit (ITC) merely by producing invoices and payment receipts, or is there a higher burden of
Supreme Court Clarifies Tax Rates on Works Contracts Before 2006: State of Karnataka vs. Durga Projects Inc. LEGAL ISSUE: Determination of the applicable tax rate on goods involved in works contracts under the Karnataka Value Added Tax Act, 2003 (KVAT Act) before the amendment of Section 4(1)(c) on 1 April 2006. CASE TYPE: Tax Law
Supreme Court Allows Deduction of Quantity Discounts in VAT Calculation: Maya Appliances vs. Commissioner of Commercial Taxes (2018) Date of the Judgment: 06 February 2018 Citation: (2018) INSC 87 Judges: Dipak Misra, CJI, A M Khanwilkar, J, Dr D Y Chandrachud, J. Can a company deduct discounts given to distributors from its taxable turnover, even
LEGAL ISSUE: Interpretation of input tax credit provisions when a by-product is generated during the manufacturing process and sold as an exempted good. CASE TYPE: Tax Law – Karnataka Value Added Tax Act, 2003 Case Name: The State of Karnataka v. M/S. M.K. Agro Tech Pvt. Ltd. Judgment Date: 22 September 2017 Introduction Date of
