Concessional Basic Customs Duty on Ethernet switches: classification as enterprise switches upheld, challenge dismissed for lack of substantial law qu...
Insolvency petition based on admitted debt and default upheld; challenge for malicious initiation rejected, settlement may proceed under resolution fr...
Quashing of FIR and challenge to ECIR over alleged diversion of funds and preferential ESOP pricing dismissed after prima facie money-laundering findi...
Page of 4814
Press 'Enter' after typing page number.
6581 to 6600 of 96262 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
High Court found the petitioner's statutory replies to Form GST DRC-01 notices inadequate, holding that mere production of voluminous documents does not negate alleged excess input tax claims. The Court required tabulation and reconciliation of bank statement entries with monthly GSTR-3B returns and annual GSTR-9/9C filings, and granted one opportunity for a clarified reply. Matters were remitted for fresh adjudication on merits, conditioned on the petitioner making a pre-deposit of Rs. 35,00,000 from its Electronic Cash Register within 30 days; bank attachment will be lifted on compliance and recovery proceedings are stayed during the compliance period.
High Court found the petitioner's statutory replies to Form GST DRC-01 notices inadequate, holding that mere production of voluminous documents does not negate alleged excess input tax claims. The Court required tabulation and reconciliation of bank statement entries with monthly GSTR-3B returns and annual GSTR-9/9C filings, and granted one opportunity for a clarified reply. Matters were remitted for fresh adjudication on merits, conditioned on the petitioner making a pre-deposit of Rs. 35,00,000 from its Electronic Cash Register within 30 days; bank attachment will be lifted on compliance and recovery proceedings are stayed during the compliance period.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4814 
Join Channel 
