Concessional penalty for search-disclosed unreconciled jewellery applies where substantive disclosure conditions are met despite omission from origina...
Cancellation of GST Registration - Legal Validity of Retrospective Cancellation - The court acknowledged the lack of clarity in the show cause notice and the absence of sufficient reasons provided for the retrospective cancellation of GST registration. Emphasizing the importance of objective criteria for cancellation, the court ruled that cancellation cannot be automatic and must be based on justified grounds. Considering the petitioner's cessation of business and compliance until August 2021, the court modified the impugned order. The GST registration was deemed cancelled from the date of the show cause notice, providing relief to the petitioner.
Cancellation of GST Registration - Legal Validity of Retrospective Cancellation - The court acknowledged the lack of clarity in the show cause notice and the absence of sufficient reasons provided for the retrospective cancellation of GST registration. Emphasizing the importance of objective criteria for cancellation, the court ruled that cancellation cannot be automatic and must be based on justified grounds. Considering the petitioner's cessation of business and compliance until August 2021, the court modified the impugned order. The GST registration was deemed cancelled from the date of the show cause notice, providing relief to the petitioner.
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