Fake-invoice penalties remain available where taxpayer admissions and records establish unsupported input tax credit claims and false GST documentatio...
Works contract classification applies to permanently installed fire-protection systems, while earthwork and obsolete IGST concessions remain unavailab...
Professional fee recovery for GST refund representation succeeds where direct engagement, fee acknowledgement, and authority are established despite c...
Transfer pricing of intra-group support services requires prescribed benchmarking; unsupported nil valuation and alternate business-expense disallowan...
Mandatory transit-documentation rules require invoices and e-way bills that correspond to goods physically carried at the time of movement. Invoices supplied only after detention, particularly without matching e-way bills, do not cure a movement unsupported by compliant records. Where no authentic, pre-existing ownership records identify the goods at interception, the transporter may be treated as a person other than the owner for penalty purposes. Undocumented garments may be valued using product quality, fabric specifications and prevailing wholesale-market averages where matching invoices are unavailable and buyers cannot be traced; such valuation must rest on objective and rational market indicators.
Mandatory transit-documentation rules require invoices and e-way bills that correspond to goods physically carried at the time of movement. Invoices supplied only after detention, particularly without matching e-way bills, do not cure a movement unsupported by compliant records. Where no authentic, pre-existing ownership records identify the goods at interception, the transporter may be treated as a person other than the owner for penalty purposes. Undocumented garments may be valued using product quality, fabric specifications and prevailing wholesale-market averages where matching invoices are unavailable and buyers cannot be traced; such valuation must rest on objective and rational market indicators.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
