Restriction of Input Tax Credit under Rule 86A applies only to fraudulently or ineligible availed credit; mere wrongful recipient availment is insuffi...
Business reorganisation requires recognition of successor's modified return; draft orders against dissolved transferor quashed and fresh review direct...
Pre-commencement R&D deduction denied where business had not commenced; deeming benefit requires tangible start of manufacture or commercial exploitat...
Rejection of amendment to a shipping bill was linked to the scope of self-certification, post-export conversion, and a claim for MEIS benefits after the reward box was not marked "YES", which had deprived the authorities of an opportunity to physically verify the goods. The petitioner limited relief to proceeding under the Shipping Bill (Post export conversion in relation to Instrument Based Scheme) Regulations, 2025, so liberty was granted to file an application within two weeks. The application is to be considered in accordance with law after hearing the petitioner, and the decision must be taken uninfluenced by the impugned order.
Rejection of amendment to a shipping bill was linked to the scope of self-certification, post-export conversion, and a claim for MEIS benefits after the reward box was not marked "YES", which had deprived the authorities of an opportunity to physically verify the goods. The petitioner limited relief to proceeding under the Shipping Bill (Post export conversion in relation to Instrument Based Scheme) Regulations, 2025, so liberty was granted to file an application within two weeks. The application is to be considered in accordance with law after hearing the petitioner, and the decision must be taken uninfluenced by the impugned order.
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