Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
Transfer-pricing treatment of ITeS margins excludes pass-through tax recoveries and separate delayed-receivables interest after working-capital adjust...
Capacity-utilisation adjustments under TNMM can neutralise substantiated COVID-related idle costs where underutilisation materially affects profitabil...
Page of 4830
Press 'Enter' after typing page number.
181 to 200 of 96587 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 and quashed the recovery citation issued under Section 79(1)(c) of the CGST Act, holding that recovery initiated during the pendency of a statutory appeal filed under Section 107 is unsustainable where the appellant complied with the pre-deposit requirement of Section 107(6). The court found that the petitioner had filed the appeal within the limitation period prescribed by Section 107(4) and had deposited 10% of the disputed tax as mandated, thereby drawing the settled rule that recovery of the balance demand is stayed pending disposal of the appeal. The impugned recovery citation dated 05.08.2025 is set aside and the petition is disposed.
The HC allowed the petition and quashed the recovery citation issued under Section 79(1)(c) of the CGST Act, holding that recovery initiated during the pendency of a statutory appeal filed under Section 107 is unsustainable where the appellant complied with the pre-deposit requirement of Section 107(6). The court found that the petitioner had filed the appeal within the limitation period prescribed by Section 107(4) and had deposited 10% of the disputed tax as mandated, thereby drawing the settled rule that recovery of the balance demand is stayed pending disposal of the appeal. The impugned recovery citation dated 05.08.2025 is set aside and the petition is disposed.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4830 
Join Channel 
