Classification of imported salvaged shaft pieces as ship parts confirmed, reassessment time-barred and appeal allowed restoring original classificatio...
Scope of intermediary status for data hosting services: tribunal finds provider not intermediary, services exported and not taxable, limited remand on...
CENVAT credit availability after omission of Rule 12B in textiles confirmed; late addendum to SCN introducing new grounds held time-barred and invalid...
Export of Wheat Flour and related products subject to online allocation, eligibility criteria, non-transferable six-month authorisations and reporting...
HC considered petitions for bail in an alleged CGST-related economic offence involving creation of fictitious firms, fake invoices and wrongful availment/passing of input tax credit of approximately Rs.160.58 crores. Noting that the evidence is largely documentary/electronic, that the petitioners have been in custody since 05.03.2025, and that trial is likely to be protracted, HC held that continued incarceration would infringe their Article 21 rights, including the right to speedy trial. Relying on the principle that bail is the rule and jail the exception, even in economic offences, HC granted bail to the petitioners, subject to bail/surety bonds and conditions to the satisfaction of the trial court/Duty Magistrate.
HC considered petitions for bail in an alleged CGST-related economic offence involving creation of fictitious firms, fake invoices and wrongful availment/passing of input tax credit of approximately Rs.160.58 crores. Noting that the evidence is largely documentary/electronic, that the petitioners have been in custody since 05.03.2025, and that trial is likely to be protracted, HC held that continued incarceration would infringe their Article 21 rights, including the right to speedy trial. Relying on the principle that bail is the rule and jail the exception, even in economic offences, HC granted bail to the petitioners, subject to bail/surety bonds and conditions to the satisfaction of the trial court/Duty Magistrate.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4830 
Join Channel 
