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Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
The HC dismissed the writ petition challenging the cancellation of registration under section 73 of the GST Act, 2017. The court held that the petitioner's admission and payment of the tax demand precluded relief on that ground. However, issues regarding interest and penalty may be contested through an appeal under section 107 of the Act, as no justification was shown for bypassing this statutory remedy. The petitioner was permitted to pursue such an appeal in accordance with law.
The HC dismissed the writ petition challenging the cancellation of registration under section 73 of the GST Act, 2017. The court held that the petitioner's admission and payment of the tax demand precluded relief on that ground. However, issues regarding interest and penalty may be contested through an appeal under section 107 of the Act, as no justification was shown for bypassing this statutory remedy. The petitioner was permitted to pursue such an appeal in accordance with law.
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