Unlawful outward remittances via Hawala using proforma invoices and electronic records proved; documents admitted, directors penalised, penalties redu...
Attachment of equivalent-value properties as proceeds of crime upheld; preventive attachment order and confirmation sustained; no independent ED reinv...
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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