Necessary-party requirements limit impleadment of independent entities, while deferred consideration does not create an appealable adverse determinati...
Food supplement classification requires common parlance and authoritative tests, preventing treatment as proprietary Ayurvedic medicines without suppo...
Specified regulatory authority income receives conditional tax exemption, subject to non-commercial activity, unchanged income character, and return f...
Tax exemption for regulatory authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and return-filing...
Input tax credit conditions remain constitutionally valid, with eligible recipient claims considered under GST circulars and retrospective filing dead...
GST recovery stay pending Tribunal proceedings was available only on compliance with the prescribed pre-deposit and filing an undertaking to appeal within time; where the taxpayer did not follow that procedure and sought refund after recovery had already been made, refund was refused. The taxpayer's plea of ignorance of the circular was rejected on the principle that ignorance of law is no excuse. Granting refund would have operated as an impermissible waiver of the pre-deposit, while the Tribunal was left free to decide the appeal on merits.
GST recovery stay pending Tribunal proceedings was available only on compliance with the prescribed pre-deposit and filing an undertaking to appeal within time; where the taxpayer did not follow that procedure and sought refund after recovery had already been made, refund was refused. The taxpayer's plea of ignorance of the circular was rejected on the principle that ignorance of law is no excuse. Granting refund would have operated as an impermissible waiver of the pre-deposit, while the Tribunal was left free to decide the appeal on merits.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4790
Join Channel
TaxTMI 
