Deferred Payment of Customs Duty extended to Eligible Manufacturer Importers with electronic registration and ICEGATE authentication for conditional c...
Tariff classification determines GST schedule and rate; beverages in Schedule III attract the higher rate, tea extracts and syrups in Schedule I attra...
Fraudulent trading requires cogent evidence of intent to defraud; ordinary-course payments protected, except post-insolvency withdrawals must be resto...
Cancelled GST registration for non-filing of returns may be restored where the taxpayer is willing to file all pending returns and pay tax dues with applicable interest, penalty and late fee. The note records that, following an earlier coordinate Bench ruling on similar facts, restoration is to be considered by the proper authority under the proviso to Rule 22(4) of the CGST Rules. It further states that the taxpayer was given time to approach the competent authority for restoration, and that the limitation period under Section 73(10) would run from the date of the order, subject to the stated exception for FY 2024-25.
Cancelled GST registration for non-filing of returns may be restored where the taxpayer is willing to file all pending returns and pay tax dues with applicable interest, penalty and late fee. The note records that, following an earlier coordinate Bench ruling on similar facts, restoration is to be considered by the proper authority under the proviso to Rule 22(4) of the CGST Rules. It further states that the taxpayer was given time to approach the competent authority for restoration, and that the limitation period under Section 73(10) would run from the date of the order, subject to the stated exception for FY 2024-25.
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