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Transaction value cannot be rejected solely on non-statutory valuation guidelines without corroborative evidence supporting reassessment of final cust...
Cross-examination rights and corroborated evidence limit customs penalties for misdeclaration in genuine import transactions involving documented clea...
Tariff classification of vehicle gear components follows the specific gearing entry, displacing motor-vehicle parts classification and related liabili...
The HC held that issuance of a composite show cause notice (SCN) covering multiple financial years under the GST Act is impermissible. Each financial year constitutes a separate tax period with distinct limitation periods under Sections 73 and 74. The limitation of three or five years applies individually to each financial year and cannot be aggregated or carried forward to justify a bundled SCN. Issuing a single SCN for multiple years violates the statutory scheme, frustrates the limitation framework, and infringes the taxpayer's right to contest year-specific demands, resulting in jurisdictional overreach and rendering such orders void ab initio. The GST Act mandates SCNs to be issued based on the relevant tax period-monthly or annual returns-and prohibits issuance beyond the prescribed period. Accordingly, the petition challenging the bunching of SCNs was allowed, reaffirming that separate adjudication per financial year is legally required.
The HC held that issuance of a composite show cause notice (SCN) covering multiple financial years under the GST Act is impermissible. Each financial year constitutes a separate tax period with distinct limitation periods under Sections 73 and 74. The limitation of three or five years applies individually to each financial year and cannot be aggregated or carried forward to justify a bundled SCN. Issuing a single SCN for multiple years violates the statutory scheme, frustrates the limitation framework, and infringes the taxpayer's right to contest year-specific demands, resulting in jurisdictional overreach and rendering such orders void ab initio. The GST Act mandates SCNs to be issued based on the relevant tax period-monthly or annual returns-and prohibits issuance beyond the prescribed period. Accordingly, the petition challenging the bunching of SCNs was allowed, reaffirming that separate adjudication per financial year is legally required.
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