Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
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Capacity-utilisation adjustments under TNMM can neutralise substantiated COVID-related idle costs where underutilisation materially affects profitabil...
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The appellant challenged the notification extending the restriction on imports of green peas and yellow peas up to 31.12.2018, as the initial restriction was only until 30.06.2018. The Rajasthan High Court initially stayed the operation of the extended notification, which was later upheld by the Supreme Court. Although the imports during 22.10.2018 to 28.12.2018 were held restricted, the Tribunal took a sympathetic view considering the appellant was a regular importer, the gap of three months without restrictions, and the legal challenge. The redemption fine and penalty imposed by the Adjudicating Authority were reduced by the Commissioner (Appeals), and the Tribunal disposed of the appeals filed by the Revenue and the cross-objection filed by the Respondent.
The appellant challenged the notification extending the restriction on imports of green peas and yellow peas up to 31.12.2018, as the initial restriction was only until 30.06.2018. The Rajasthan High Court initially stayed the operation of the extended notification, which was later upheld by the Supreme Court. Although the imports during 22.10.2018 to 28.12.2018 were held restricted, the Tribunal took a sympathetic view considering the appellant was a regular importer, the gap of three months without restrictions, and the legal challenge. The redemption fine and penalty imposed by the Adjudicating Authority were reduced by the Commissioner (Appeals), and the Tribunal disposed of the appeals filed by the Revenue and the cross-objection filed by the Respondent.
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