Defined public benefit can retain charitable character; registration renewal requires examining genuine activities and legal compliance, not surplus a...
Capital reduction is distinct from share buy-back, preventing buy-back tax; restructuring interest and related business deductions also survive scruti...
Transfer pricing and tax deductions upheld on established principles, while employee contributions and warranty provisions returned for fresh examinat...
Captive transfer pricing relies on industrial consumer tariffs, while genuine quotations can benchmark effluent treatment transfers under the Other Me...
Specific tariff classification for ophthalmic instruments and extended limitation principles determine the treatment of duty demands, confiscation, an...
The HC disposed the writ petition directing that, because the GST registration was cancelled under Section 29(2)(c) for non-furnishing of returns for six months, the petitioners may seek restoration by approaching the duly empowered officer within two months. If the petitioners furnish all pending returns and make full payment of tax dues with applicable interest and late fee, the officer may, in accordance with the proviso to sub-rule (4) of Rule 22, consider dropping the cancellation proceedings and pass an appropriate order in Form GST REG-20. The writ is disposed on this mandate, enabling administrative restoration subject to compliance with the prescribed procedural and payment requirements.
The HC disposed the writ petition directing that, because the GST registration was cancelled under Section 29(2)(c) for non-furnishing of returns for six months, the petitioners may seek restoration by approaching the duly empowered officer within two months. If the petitioners furnish all pending returns and make full payment of tax dues with applicable interest and late fee, the officer may, in accordance with the proviso to sub-rule (4) of Rule 22, consider dropping the cancellation proceedings and pass an appropriate order in Form GST REG-20. The writ is disposed on this mandate, enabling administrative restoration subject to compliance with the prescribed procedural and payment requirements.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4805
Join Channel
TaxTMI 
