Transfer pricing comparability requires functional alignment, reliable financial data, and careful review of working capital and receivables adjustmen...
Transfer pricing rules require benchmarking corporate guarantees and associated-enterprise advances, while invalid domestic-transaction adjustments ca...
Prospective sugar export prohibition required registered letters of credit; private contracts and export quotas created no enforceable continuation ri...
Retroactive interim-moratorium exclusion permits protective asset disclosure and preservation measures against personal guarantors pending arbitration...
The case before the Andhra Pradesh High Court involved a challenge to the cancellation of GST registration due to delay in filing a writ petition and alleged violation of natural justice principles. The court held that the retrospective effect of the impugned order was valid. Referring to a Supreme Court decision, it clarified that claims for refund must adhere to specific rules and limitations. The court found no violation of natural justice as the petitioner failed to respond to a show cause notice. It also determined that no hearing opportunity was required before the suspension of registration. Ultimately, the petition was dismissed.
The case before the Andhra Pradesh High Court involved a challenge to the cancellation of GST registration due to delay in filing a writ petition and alleged violation of natural justice principles. The court held that the retrospective effect of the impugned order was valid. Referring to a Supreme Court decision, it clarified that claims for refund must adhere to specific rules and limitations. The court found no violation of natural justice as the petitioner failed to respond to a show cause notice. It also determined that no hearing opportunity was required before the suspension of registration. Ultimately, the petition was dismissed.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4792
Join Channel
TaxTMI 
