Mechanical approval under search assessment law vitiates assessments when sanction lacks application of mind; retrospective curative provision cannot ...
Foreign portfolio investment liberalisation extends listed equity access to all individual persons resident outside India, subject to limit monitoring...
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The HC dismissed the petition challenging action under section 129(3) of the GST Act, holding that although an e-way bill was ultimately produced before the seizure and penalty orders, it was not generated contemporaneously with movement and was created after interception (at 1:19 p.m.), evidencing non-compliance with statutory requirements; accordingly, the court found no basis to infer absence of intent to evade tax or to disturb the impugned orders. The court applied its prior ratio and upheld the seizure and penalty, concluding that, on the facts and in law, no interference with the administrative orders was warranted.
The HC dismissed the petition challenging action under section 129(3) of the GST Act, holding that although an e-way bill was ultimately produced before the seizure and penalty orders, it was not generated contemporaneously with movement and was created after interception (at 1:19 p.m.), evidencing non-compliance with statutory requirements; accordingly, the court found no basis to infer absence of intent to evade tax or to disturb the impugned orders. The court applied its prior ratio and upheld the seizure and penalty, concluding that, on the facts and in law, no interference with the administrative orders was warranted.
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