Defined public benefit can retain charitable character; registration renewal requires examining genuine activities and legal compliance, not surplus a...
Capital reduction is distinct from share buy-back, preventing buy-back tax; restructuring interest and related business deductions also survive scruti...
Transfer pricing and tax deductions upheld on established principles, while employee contributions and warranty provisions returned for fresh examinat...
Captive transfer pricing relies on industrial consumer tariffs, while genuine quotations can benchmark effluent treatment transfers under the Other Me...
Specific tariff classification for ophthalmic instruments and extended limitation principles determine the treatment of duty demands, confiscation, an...
The SC held that under Section 129(3) of the CGST Act, the proper officer is mandatorily required to pass a reasoned final order after issuing a show cause notice, even if tax and penalty have been paid under protest. The deemed conclusion of proceedings under Section 129(5) does not dispense with this requirement nor imply waiver of the right to challenge the levy. The absence of a formal adjudication order deprives the taxpayer of the statutory right to appeal under Section 107. Payment under protest coupled with filed objections necessitates a speaking order to ensure procedural fairness and compliance with natural justice. The HC's refusal to direct the passing of such an order was set aside. The SC directed respondent authorities to pass a reasoned final order in Form GST MOV-09, grant an opportunity of hearing, and upload a summary in Form GST DRC-07 within one month, thereby restoring the appellant's right to appeal. The appeal was allowed.
The SC held that under Section 129(3) of the CGST Act, the proper officer is mandatorily required to pass a reasoned final order after issuing a show cause notice, even if tax and penalty have been paid under protest. The deemed conclusion of proceedings under Section 129(5) does not dispense with this requirement nor imply waiver of the right to challenge the levy. The absence of a formal adjudication order deprives the taxpayer of the statutory right to appeal under Section 107. Payment under protest coupled with filed objections necessitates a speaking order to ensure procedural fairness and compliance with natural justice. The HC's refusal to direct the passing of such an order was set aside. The SC directed respondent authorities to pass a reasoned final order in Form GST MOV-09, grant an opportunity of hearing, and upload a summary in Form GST DRC-07 within one month, thereby restoring the appellant's right to appeal. The appeal was allowed.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4805
Join Channel
TaxTMI 
