Food supplement classification requires common parlance and authoritative tests, preventing treatment as proprietary Ayurvedic medicines without suppo...
Specified regulatory authority income receives conditional tax exemption, subject to non-commercial activity, unchanged income character, and return f...
Tax exemption for regulatory authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and return-filing...
Input tax credit conditions remain constitutionally valid, with eligible recipient claims considered under GST circulars and retrospective filing dead...
Bogus donation receipts justified commission income assessment and defeated political-party tax exemption for inaccurate accounts and reporting failur...
The High Court set aside the show cause notice and summary issued by the respondent u/s 74 of the Central Goods and Services Tax Act, 2017 for multiple financial years spanning January 2018 to August 2022. Relying on the coordinate bench judgment in M/S. VEREMAX TECHNOLOGIE SERVICES LIMITED, the Court held that the respondent erred in issuing a consolidated show cause notice for multiple assessment years from 2017-18 to 2020-21. Though the summary segregated liabilities for each financial year, the Court found it inappropriate. The respondent was granted liberty to issue separate show cause notices for each financial year and proceed against the petitioner accordingly.
The High Court set aside the show cause notice and summary issued by the respondent u/s 74 of the Central Goods and Services Tax Act, 2017 for multiple financial years spanning January 2018 to August 2022. Relying on the coordinate bench judgment in M/S. VEREMAX TECHNOLOGIE SERVICES LIMITED, the Court held that the respondent erred in issuing a consolidated show cause notice for multiple assessment years from 2017-18 to 2020-21. Though the summary segregated liabilities for each financial year, the Court found it inappropriate. The respondent was granted liberty to issue separate show cause notices for each financial year and proceed against the petitioner accordingly.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4803
Join Channel
TaxTMI 
