Deferred Payment of Customs Duty extended to Eligible Manufacturer Importers with electronic registration and ICEGATE authentication for conditional c...
Tariff classification determines GST schedule and rate; beverages in Schedule III attract the higher rate, tea extracts and syrups in Schedule I attra...
Fraudulent trading requires cogent evidence of intent to defraud; ordinary-course payments protected, except post-insolvency withdrawals must be resto...
Rectification of GST records was challenged on grounds that an application seeking correction and reconciliation of input tax credit (ITC) was rejected without affording an opportunity of hearing and without verifying uploaded portal records. The court found the rejection procedurally defective for not recording reasons for disregarding submitted reconciliation statements and supporting documents, and for failing to provide a personal hearing; therefore the rejection order was set aside. The matter is remanded for fresh disposal of the rectification application, with directions to consider portal evidence, allow the applicant to present documents and explanations, and hear the applicant within a specified short period.
Rectification of GST records was challenged on grounds that an application seeking correction and reconciliation of input tax credit (ITC) was rejected without affording an opportunity of hearing and without verifying uploaded portal records. The court found the rejection procedurally defective for not recording reasons for disregarding submitted reconciliation statements and supporting documents, and for failing to provide a personal hearing; therefore the rejection order was set aside. The matter is remanded for fresh disposal of the rectification application, with directions to consider portal evidence, allow the applicant to present documents and explanations, and hear the applicant within a specified short period.
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