Online bond platforms may offer overseas-regulated products and tax-specific bonds subject to disclosures, compliance safeguards and revised complianc...
Corporate guarantee valuation permits actual ascertainable commission while barring retroactive application and extended-period penalties for bona fid...
Proper-officer jurisdiction under UPGST penalty provisions upheld; participation on merits prevents bypassing the statutory appellate remedy through w...
Transitioned CENVAT credit may validly satisfy mandatory pre-deposit requirements for legacy service tax appeals through Electronic Credit Ledger debi...
Building-plan sanction charges require statutory authority; unauthorised fees and GST were quashed, while labour cess must follow prescribed collectio...
Pure-agent exclusion fails where hotel booking facilitators receive third-party services themselves, making entire customer consideration taxable as r...
A GST inspector was arrested by the state vigilance bureau in Una after being caught accepting a Rs 50,000 bribe from a battery supplier who had filed a false return of Rs 5-6 lakh; the inspector allegedly demanded Rs 1.5 lakh to settle the matter, later negotiating to Rs 1.25 lakh. The supplier reported the extortion to the vigilance bureau, which conducted a sting at the inspector's GST office, seized the cash and effected the arrest. The matter raises potential charges of bribery, corruption and abuse of official position pending further investigation.
A GST inspector was arrested by the state vigilance bureau in Una after being caught accepting a Rs 50,000 bribe from a battery supplier who had filed a false return of Rs 5-6 lakh; the inspector allegedly demanded Rs 1.5 lakh to settle the matter, later negotiating to Rs 1.25 lakh. The supplier reported the extortion to the vigilance bureau, which conducted a sting at the inspector's GST office, seized the cash and effected the arrest. The matter raises potential charges of bribery, corruption and abuse of official position pending further investigation.
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