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...
Before the Allahabad High Court, the issue revolved around the permission for prosecution independent of adjudication proceedings. The court emphasized that administrative satisfaction, as per Section 134 of the CGST Act, is to be determined by the Commissioner and not influenced by findings in adjudication. It was noted that the petitioner was not part of the adjudication process and was not given an opportunity to present their case before adverse observations were made in the order. Consequently, the court disposed of the writ petition, recognizing the importance of procedural fairness and the distinct roles of the Commissioner and the Additional Commissioner in such matters.
Before the Allahabad High Court, the issue revolved around the permission for prosecution independent of adjudication proceedings. The court emphasized that administrative satisfaction, as per Section 134 of the CGST Act, is to be determined by the Commissioner and not influenced by findings in adjudication. It was noted that the petitioner was not part of the adjudication process and was not given an opportunity to present their case before adverse observations were made in the order. Consequently, the court disposed of the writ petition, recognizing the importance of procedural fairness and the distinct roles of the Commissioner and the Additional Commissioner in such matters.
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