Handicraft job work receives concessional GST only for registered principals and predominantly handmade goods; commercial resin articles remain taxabl...
Reassessment disclosure requirements permit stated reasons without revealing information sources, but prior-taxation claims require full examination b...
Independent assessment discretion and corroborated electronic evidence determine validity of on-money additions and undisclosed-consideration assessme...
Extended limitation under indirect tax law applies only where fraud, collusion, wilful misstatement, suppression of facts, or contravention with intent to evade duty is shown, and the text treats non-disclosure of the contractual arrangement, delayed service tax payment, and suo motu credit taken instead of refund as sufficient to invoke it. It further notes that the same facts satisfy the basis for penalty under Rule 15(2) read with Section 11AC where suppression and wrongful availment of Cenvat credit are established. On that reasoning, the demand and penalty were sustained.
Extended limitation under indirect tax law applies only where fraud, collusion, wilful misstatement, suppression of facts, or contravention with intent to evade duty is shown, and the text treats non-disclosure of the contractual arrangement, delayed service tax payment, and suo motu credit taken instead of refund as sufficient to invoke it. It further notes that the same facts satisfy the basis for penalty under Rule 15(2) read with Section 11AC where suppression and wrongful availment of Cenvat credit are established. On that reasoning, the demand and penalty were sustained.
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