Online bond platforms may offer overseas-regulated products and tax-specific bonds subject to disclosures, compliance safeguards and revised complianc...
Corporate guarantee valuation permits actual ascertainable commission while barring retroactive application and extended-period penalties for bona fid...
Proper-officer jurisdiction under UPGST penalty provisions upheld; participation on merits prevents bypassing the statutory appellate remedy through w...
Transitioned CENVAT credit may validly satisfy mandatory pre-deposit requirements for legacy service tax appeals through Electronic Credit Ledger debi...
Building-plan sanction charges require statutory authority; unauthorised fees and GST were quashed, while labour cess must follow prescribed collectio...
Pure-agent exclusion fails where hotel booking facilitators receive third-party services themselves, making entire customer consideration taxable as r...
Reasonable opportunity must be given before a fraud-based GST demand is confirmed where input tax credit has already been reversed and revenue interest is otherwise protected. The HC held that the petitioner could not be denied the chance to produce material documents to show genuine supply of goods and to challenge the invocation of Section 74. The impugned order was interfered with only to that limited extent, and the matter was remitted for fresh reconsideration after giving the petitioner a fair opportunity. No finding was returned on the merits of the underlying tax dispute.
Reasonable opportunity must be given before a fraud-based GST demand is confirmed where input tax credit has already been reversed and revenue interest is otherwise protected. The HC held that the petitioner could not be denied the chance to produce material documents to show genuine supply of goods and to challenge the invocation of Section 74. The impugned order was interfered with only to that limited extent, and the matter was remitted for fresh reconsideration after giving the petitioner a fair opportunity. No finding was returned on the merits of the underlying tax dispute.
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