Revenue authority mandates using scheme-specific reversal procedures, not revising original entries, for instrument-based trade/customs benefits effec...
Transaction value under s.15(1) governs unrelated sales; valuation between related parties per Rule 28; consignment note required for unregistered rec...
The HC quashed the impugned assessment order dated 22.04.2024 and remitted the matter to the Respondent for fresh adjudication de novo. The Petitioner must, within 30 days of receipt of this order, deposit 25% of the disputed tax in cash from its Electronic Cash Register and file a substantive reply to the Show Cause Notice in GST DRC-01 dated 08.12.2023, with supporting documents, treating the impugned assessment as an addendum to that SCN. Upon such compliance, the Respondent is directed to pass a fresh order on merits and in accordance with law expeditiously and preferably within three months. The petition is disposed of.
The HC quashed the impugned assessment order dated 22.04.2024 and remitted the matter to the Respondent for fresh adjudication de novo. The Petitioner must, within 30 days of receipt of this order, deposit 25% of the disputed tax in cash from its Electronic Cash Register and file a substantive reply to the Show Cause Notice in GST DRC-01 dated 08.12.2023, with supporting documents, treating the impugned assessment as an addendum to that SCN. Upon such compliance, the Respondent is directed to pass a fresh order on merits and in accordance with law expeditiously and preferably within three months. The petition is disposed of.
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