Revenue neutrality in domestic related-party loans can require deletion of interest transfer pricing adjustments after domestic-transaction verificati...
Pre-enactment land-sale agreements escape stamp-duty value substitution where substantial banking-channel consideration was received before Section 43...
The HC dismissed the writ petition challenging the levy of GST on services rendered to foreign universities, holding that the petitioner's apprehension regarding prior findings by the Investigating Authority would not prejudice the Adjudicating Authority's independent adjudication under Section 74(9) of the CGST Act. The court emphasized the distinct roles of the Investigating Authority and the Quasi-Judicial Adjudicating Authority, noting that the latter must decide the show-cause notice based solely on material on record, unaffected by the former's opinions. The respondents confirmed that adjudication would be conducted by a Proper Officer of appropriate rank, with a corrigendum issued upon written request by the petitioner for adjudication by an Additional or Joint Commissioner. Consequently, no grounds for interference were found, and the petition was dismissed.
The HC dismissed the writ petition challenging the levy of GST on services rendered to foreign universities, holding that the petitioner's apprehension regarding prior findings by the Investigating Authority would not prejudice the Adjudicating Authority's independent adjudication under Section 74(9) of the CGST Act. The court emphasized the distinct roles of the Investigating Authority and the Quasi-Judicial Adjudicating Authority, noting that the latter must decide the show-cause notice based solely on material on record, unaffected by the former's opinions. The respondents confirmed that adjudication would be conducted by a Proper Officer of appropriate rank, with a corrigendum issued upon written request by the petitioner for adjudication by an Additional or Joint Commissioner. Consequently, no grounds for interference were found, and the petition was dismissed.
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