Transfer pricing comparability requires functional alignment, reliable financial data, and careful review of working capital and receivables adjustmen...
Transfer pricing rules require benchmarking corporate guarantees and associated-enterprise advances, while invalid domestic-transaction adjustments ca...
Prospective sugar export prohibition required registered letters of credit; private contracts and export quotas created no enforceable continuation ri...
Retroactive interim-moratorium exclusion permits protective asset disclosure and preservation measures against personal guarantors pending arbitration...
Mere inquiry communications, summons or intimation do not amount to initiation of adjudicatory proceedings; a show cause notice does. Applying that principle, the first show cause notice on the same GST subject matter was treated as governing the proceedings, and the authority issuing it had to continue and complete the matter. Other authorities dealing with the same issue were restrained from proceeding independently and were required to forward their material to the adjudicating authority, with prior intimation to the petitioner so it could respond effectively.
Mere inquiry communications, summons or intimation do not amount to initiation of adjudicatory proceedings; a show cause notice does. Applying that principle, the first show cause notice on the same GST subject matter was treated as governing the proceedings, and the authority issuing it had to continue and complete the matter. Other authorities dealing with the same issue were restrained from proceeding independently and were required to forward their material to the adjudicating authority, with prior intimation to the petitioner so it could respond effectively.
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