Retroactive interim-moratorium exclusion permits protective asset disclosure and preservation measures against personal guarantors pending arbitration...
Business expenditure deduction requires proof of genuine commission payments and commercial allowability; turnover growth alone cannot validate the cl...
Profiteering - footwear - benefit of rate reduction of GST from 18% to 5% - It is evident that the Respondent had increased the base price of the product when the rate of tax was reduced - non reduction of price is contravened the provisions of Section 171 of the CGST Act, 2017 - directed to reduce the price of the product and also pay profiteered amount and SCN for penalty
Profiteering - footwear - benefit of rate reduction of GST from 18% to 5% - It is evident that the Respondent had increased the base price of the product when the rate of tax was reduced - non reduction of price is contravened the provisions of Section 171 of the CGST Act, 2017 - directed to reduce the price of the product and also pay profiteered amount and SCN for penalty
Note: It is a system-generated summary and is for quick reference only.