Working-capital adjustment determines whether software-services transfer-pricing margins fall within the statutory tolerance range, eliminating any ad...
Permanent establishment deductions upheld for expatriate salaries, direct costs and trading losses, while head-office costs require fresh classificati...
Data transmission equipment classification under CTSH 8517 62 remains distinct from residual classification, with exemption evidence requiring scrutin...
The HC adjudged that the Petitioner procured Input Tax Credit from fraudulent suppliers and deliberately misrepresented the nature and status of his business to mislead the Court and evade departmental proceedings. The HC upheld cancellation of the Petitioner's GST registration effective 30 June 2025, found the petition unsustainable, and dismissed the petition. The Court imposed punitive costs of Rs. 5,00,000 on the Petitioner and observed that more severe proceedings could be initiated; however, further departmental action already initiated will proceed and the Court refrained from taking additional punitive measures pending those processes. The HC's order thus resolves the dispute against the Petitioner and preserves administrative remedies.
The HC adjudged that the Petitioner procured Input Tax Credit from fraudulent suppliers and deliberately misrepresented the nature and status of his business to mislead the Court and evade departmental proceedings. The HC upheld cancellation of the Petitioner's GST registration effective 30 June 2025, found the petition unsustainable, and dismissed the petition. The Court imposed punitive costs of Rs. 5,00,000 on the Petitioner and observed that more severe proceedings could be initiated; however, further departmental action already initiated will proceed and the Court refrained from taking additional punitive measures pending those processes. The HC's order thus resolves the dispute against the Petitioner and preserves administrative remedies.
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