Jurisdictional facts in certificate-of-origin discrepancies can support customs show-cause proceedings, leaving factual explanations for departmental ...
Market value for captive electricity consumption follows industrial consumer tariffs, supporting profit computation for the power generation deduction...
HC ruled in favor of petitioner, finding the rejection of budgetary support refund claims invalid. The court held that the calculation of 58% central tax and 29% IGST paid through cash ledger was correctly applied. The respondent's rejection of Rs. 31,456/- for July-September 2021 and Rs. 69,684/- for January-March 2022 quarters was deemed contrary to the notification dated 05.10.2017. The court directed respondent to release the inadmissible amounts, effectively granting the petitioner's refund claims in full.
HC ruled in favor of petitioner, finding the rejection of budgetary support refund claims invalid. The court held that the calculation of 58% central tax and 29% IGST paid through cash ledger was correctly applied. The respondent's rejection of Rs. 31,456/- for July-September 2021 and Rs. 69,684/- for January-March 2022 quarters was deemed contrary to the notification dated 05.10.2017. The court directed respondent to release the inadmissible amounts, effectively granting the petitioner's refund claims in full.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4805
Join Channel
TaxTMI 
