Imported analyser diagnostic cartridges treated as accessories with analyser system, not standalone diagnostic reagents; extended limitation and penal...
Steel-timber construction shuttering/formwork tariff classification dispute: essential character held steel, classified as shuttering under Heading 73...
Family-linked property purchases using fabricated loan agreements and benami-style arrangements held to be crime proceeds; attachment upheld, appeal d...
Penalty under section 73 of the GST Act was found unjustified on the facts placed before the HC, and the petitioner was left free to make a proper representation on that issue. At the same time, once the tax liability was admitted, interest on belated payment remained payable under section 50(1). Because the order itself recorded an excess tax payment and there was doubt about the calculation, the interest had to be recomputed after adjusting the excess amount already paid. The matter was remitted for fresh determination of the correct interest payable, and only the balance, if any, could be demanded.
Penalty under section 73 of the GST Act was found unjustified on the facts placed before the HC, and the petitioner was left free to make a proper representation on that issue. At the same time, once the tax liability was admitted, interest on belated payment remained payable under section 50(1). Because the order itself recorded an excess tax payment and there was doubt about the calculation, the interest had to be recomputed after adjusting the excess amount already paid. The matter was remitted for fresh determination of the correct interest payable, and only the balance, if any, could be demanded.
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