In M/s BMW India Financial Services Pvt. Ltd. v. The Union of India and Ors [Writ Petition No.9166 of 2020 dated August 18, 2021], M/s BMW India Financial Services Pvt. Ltd. (“the Petitioner”) has challenged the action of the Revenue for not transitioning the credit of Value Added Tax (“VAT”) into the Petitioner’s Electronic Credit Ledger in Form GST PMT-2 and not allowing availment of credit in Form GST-3B under Central Goods and Services Tax Act, 2017 (“the CGST Act”).
Source: a2ztaxcorp.com
Latest Posts in "India"
- High-Value Transactions Now Automatically Reported to Tax Authorities, Even If Not Disclosed in ITR
- GST Compliance for CFOs: Strategic Risk Mitigation and Operational Efficiency in Indian Enterprises
- Supreme Court: Rooh Afza Classified as Fruit Drink, Attracts Only 4% VAT in UP
- India IRN vs Europe CTC: Key Differences in E-Invoicing Models, Clearance, and Reporting
- India’s 2026 E-Invoicing Rules: Turnover Limits, 30-Day Reporting, and Mandatory 2FA Explained














