Online bond platforms may offer overseas-regulated products and tax-specific bonds subject to disclosures, compliance safeguards and revised complianc...
Corporate guarantee valuation permits actual ascertainable commission while barring retroactive application and extended-period penalties for bona fid...
Proper-officer jurisdiction under UPGST penalty provisions upheld; participation on merits prevents bypassing the statutory appellate remedy through w...
Transitioned CENVAT credit may validly satisfy mandatory pre-deposit requirements for legacy service tax appeals through Electronic Credit Ledger debi...
Building-plan sanction charges require statutory authority; unauthorised fees and GST were quashed, while labour cess must follow prescribed collectio...
Pure-agent exclusion fails where hotel booking facilitators receive third-party services themselves, making entire customer consideration taxable as r...
The HC quashed orders blocking petitioner's Electronic Credit Ledger and provisionally attaching bank account under Rule 86A of Central Goods and Services Tax Rules, 2017. The court held that respondents failed to provide pre-decisional hearing, violating principles of natural justice, and lacked independent cogent reasons to believe as required under Rule 86A. The impugned orders relied on borrowed satisfaction from enforcement authority reports, which is impermissible in law. The court found the orders illegal and arbitrary for non-compliance with mandatory procedural and substantive requirements. Respondents were directed to immediately unblock petitioner's Electronic Credit Ledger upon receipt of the order to enable filing of returns. Petition allowed.
The HC quashed orders blocking petitioner's Electronic Credit Ledger and provisionally attaching bank account under Rule 86A of Central Goods and Services Tax Rules, 2017. The court held that respondents failed to provide pre-decisional hearing, violating principles of natural justice, and lacked independent cogent reasons to believe as required under Rule 86A. The impugned orders relied on borrowed satisfaction from enforcement authority reports, which is impermissible in law. The court found the orders illegal and arbitrary for non-compliance with mandatory procedural and substantive requirements. Respondents were directed to immediately unblock petitioner's Electronic Credit Ledger upon receipt of the order to enable filing of returns. Petition allowed.
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