Online bond platforms may offer overseas-regulated products and tax-specific bonds subject to disclosures, compliance safeguards and revised complianc...
Corporate guarantee valuation permits actual ascertainable commission while barring retroactive application and extended-period penalties for bona fid...
Proper-officer jurisdiction under UPGST penalty provisions upheld; participation on merits prevents bypassing the statutory appellate remedy through w...
Transitioned CENVAT credit may validly satisfy mandatory pre-deposit requirements for legacy service tax appeals through Electronic Credit Ledger debi...
Building-plan sanction charges require statutory authority; unauthorised fees and GST were quashed, while labour cess must follow prescribed collectio...
Pure-agent exclusion fails where hotel booking facilitators receive third-party services themselves, making entire customer consideration taxable as r...
Seeking grant of bail - irregular availment of Input Tax Credit - creation and operation of fake GST firms and issuing fake GST invoices from these firms - The High court examines evidence gathered during searches and the confessions of the accused. Despite the defense's claims of innocence and coercion by a third party, the court finds sufficient evidence to reject the bail applications. It emphasizes the seriousness of economic offences and the potential for harm to the economy. The decision highlights the need for a different approach to bail in such cases, considering their significant impact.
Seeking grant of bail - irregular availment of Input Tax Credit - creation and operation of fake GST firms and issuing fake GST invoices from these firms - The High court examines evidence gathered during searches and the confessions of the accused. Despite the defense's claims of innocence and coercion by a third party, the court finds sufficient evidence to reject the bail applications. It emphasizes the seriousness of economic offences and the potential for harm to the economy. The decision highlights the need for a different approach to bail in such cases, considering their significant impact.
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