Transaction value rejection requires reliable corroboration; refundable VAT is excluded and temporary registration does not defeat new-vehicle exempti...
Appellate jurisdiction remains available where a wrist-worn gold ornament cannot conclusively be characterised as imported baggage at the preliminary ...
Written complaint requirement bars cognizance on police reports for securities offences, while unsupported breach of trust and cheating allegations fa...
Risk-based postal import clearance standardises electronic assessment, document requests, duty realisation and delivery controls at Foreign Post Offic...
Page of 4798
Press 'Enter' after typing page number.
301 to 320 of 95955 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
The HC allowed the petition under section 74 of the UP VAT Act and remanded the matter for fresh consideration. The court held that the petitioner failed to adduce material proving payment through banking channels, yet the initiation of proceedings rested on a subsequent physical inspection finding the selling dealer absent despite contemporaneous filings (GSTR-1/3B) evidencing returns and tax payment. Absent any recorded finding of fraud, wilful misstatement or suppression to evade tax, section 74 could not be validly invoked. The HC directed the assessing authority to verify transactional records on statutory portals and reconsider assessment in accordance with law and applicable procedural circulars.
The HC allowed the petition under section 74 of the UP VAT Act and remanded the matter for fresh consideration. The court held that the petitioner failed to adduce material proving payment through banking channels, yet the initiation of proceedings rested on a subsequent physical inspection finding the selling dealer absent despite contemporaneous filings (GSTR-1/3B) evidencing returns and tax payment. Absent any recorded finding of fraud, wilful misstatement or suppression to evade tax, section 74 could not be validly invoked. The HC directed the assessing authority to verify transactional records on statutory portals and reconsider assessment in accordance with law and applicable procedural circulars.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4798
Join Channel
TaxTMI 
