Faceless assessment and registration procedures are updated through electronic communication, revised recovery rules, extended deadlines, and replacem...
Risk-based selective vessel boarding requires accurate declarations and preserves master and agent liability where physical inspections are not select...
Permanent-establishment reassessment cannot revisit scrutinised disclosures; extended reopening fails without undisclosed material facts and within st...
Refund of amount paid upon wrongful reversal of the transitioned credit - rejection of refund merely on the ground that such refund claim does not fall within the specific categories enumerated in Circular No.125/44/2019-GST - The High Court found that the rejection of the refund claim solely based on the category was unjustified. It noted that Section 54(1) of the CGST Act appeared broad enough to encompass any claim for refund of tax or interest within a specified timeframe. - Matter restored back.
Refund of amount paid upon wrongful reversal of the transitioned credit - rejection of refund merely on the ground that such refund claim does not fall within the specific categories enumerated in Circular No.125/44/2019-GST - The High Court found that the rejection of the refund claim solely based on the category was unjustified. It noted that Section 54(1) of the CGST Act appeared broad enough to encompass any claim for refund of tax or interest within a specified timeframe. - Matter restored back.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
