The Hon'ble Supreme Court on 28 October 2021 reversed the Delhi High Court's decision that allowed Bharti Airtel to rectify its Form GSTR-3B returns in the same month in which tax of Rs 923 crores was paid in cash. The Apex Court held that the rectification in Form GSTR 3B could be allowed in the same month the error was noticed and not in the month to which the error/omission pertains.
The Supreme Court, in support of its views, relied on the arguments of the Government. The decision has its practical nuances and will have implications for various other ongoing issues/litigations.
In the above background, Taxmann's Research & Advisory (Indirect Tax) team, along with Advocate V. Raghuraman, organised a webinar covering the following topics:
✔️ Return Filing System under GST
✔️ Facts and arguments in the case
✔️ Observations and conclusions of Delhi High Court
✔️ Observations and findings of Apex Court
✔️ Analysis by Advocate V. Raghuraman
✔️ Question & Answer Session
