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    Income-tax consistency and real income principles shape allowability of pension, securities valuation, and NPA interest claims.
    Customs SOP for cross-stuffing transshipment containers sets strict documentation, sealing, recording, and movement controls.
    Interest subvention support extended to specified Chapter 72 export credit lines only for Micro and Small Enterprises, prospectively.
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    Limitation for GST refund claims follows the law in force on the transaction date; unutilised ITC refunds use Explanation 2(e).
    GST advance rulings remain subject to limited writ review, and unequal tax treatment for cut tobacco could not stand.
    Annual return compliance: delayed Form GSTR-9C can attract late fee where the reconciliation statement is mandatory.
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    Natural justice breach in tax adjudication: improper service of notice and denial of hearing led to quashing of recovery action.
    Refund of input tax credit under inverted duty structure to be reconsidered under settled Supreme Court law, with reasons required.
    Electronic GST communication need not separately quote DIN when a verifiable RFN and statutory service modes establish traceability.
    Overlapping GST adjudication barred where the same suppliers and ITC dispute had already been decided by State authorities.
    GST portal migration from QRMP to monthly returns permitted, with backend changes and late-fee compliance required.
    Writ interference at show cause stage refused where GST notice raised disputed factual and classification issues.
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    Electronic credit ledger blocking cannot survive beyond one year and ordinarily requires a pre-decisional hearing.
    Retrospective GST amendment cured belated input tax credit defect, leading to quashing of the demand and fresh adjudication.
    Blocked input tax credit on land lease rental for factory construction extends to pre- and post-construction periods.
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      Applying Mobilox, the NCLAT held that the alleged pre-existing...

      Pre-existing dispute failed where emails and cheques acknowledged liability; insolvency admission followed despite a section 10A objection.

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      IBCMay 23, 2026Case LawsAT
      Applying Mobilox, the NCLAT held that the alleged pre-existing dispute was not contemporaneous with the invoices and was unsupported by material showing a genuine dispute over the 2021 supplies. Emails acknowledging outstanding dues, requests for time, and post-dated cheques amounted to acknowledgment of liability, while the later reply to the Section 138 notice raised only a counter-claim about 2018 iPhone 8 inventory and Apple-related discount issues, not the operational debt in question. The Local Commissioner's report and later arbitration involving Apple were rejected as irrelevant. The defence was held to be a moonshine defence, so debt and default under section 9 stood proved. The section 10A objection also failed, and the Section 9 application was directed to be admitted.

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      ActsIncome Tax