Working-capital adjustment determines whether software-services transfer-pricing margins fall within the statutory tolerance range, eliminating any ad...
Permanent establishment deductions upheld for expatriate salaries, direct costs and trading losses, while head-office costs require fresh classificati...
Data transmission equipment classification under CTSH 8517 62 remains distinct from residual classification, with exemption evidence requiring scrutin...
The HC dismissed the application for rectification of an erroneous HSN code in the petitioner's GSTR-9 return, noting discrepancies between the petitioner's statutory returns and ITC data from the seller's GSTR-1 and GSTR-2A. Although the rejection under Section 161 of the TNGST/CGST Act, 2017, was legally sound, the court acknowledged the petitioner's mistake as genuine. The petitioner failed to submit supporting documents before the assessment order. Given the petitioner's status as an authorized dealer engaged in cement trading, the HC set aside the impugned orders and remitted the matter to the respondents for fresh adjudication on merits, thereby disposing of the petition by way of remand.
The HC dismissed the application for rectification of an erroneous HSN code in the petitioner's GSTR-9 return, noting discrepancies between the petitioner's statutory returns and ITC data from the seller's GSTR-1 and GSTR-2A. Although the rejection under Section 161 of the TNGST/CGST Act, 2017, was legally sound, the court acknowledged the petitioner's mistake as genuine. The petitioner failed to submit supporting documents before the assessment order. Given the petitioner's status as an authorized dealer engaged in cement trading, the HC set aside the impugned orders and remitted the matter to the respondents for fresh adjudication on merits, thereby disposing of the petition by way of remand.
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