Nature-dependent electricity contracts receive new Ind AS accounting, hedge designation, transition and financial-statement disclosure requirements fr...
Alternative GST remedy permitted protective writ intervention for ex parte adjudication, preserving independent appellate review of input tax credit d...
Assessment against deceased sole proprietor requires proceedings against the legal representative, rendering prior assessment and appellate orders inv...
Residential waste collection classification under SAC 999423 defeats composite-supply exemption where facilitating goods are not transferred to the lo...
Condonation of delay permits statutory appeal restoration where inadequate service explanation prevented consideration of reassessment and taxable-inc...
The U.P. GST law did not exclude prosecution under the general penal law for alleged creation of fake firms, fictitious invoices and wrongful input tax credit claims, because its without prejudice clause preserves other penal provisions and does not bar an FIR for offences under general criminal law. The Court rejected the plea that the Bharatiya Nyaya Sanhita was inapplicable merely because GST offences were also alleged. On the facts, prima facie material showed involvement in creating a fictitious firm, generating false e-way bills through another bogus concern, and evading tax without actual movement of goods, so bail was refused.
The U.P. GST law did not exclude prosecution under the general penal law for alleged creation of fake firms, fictitious invoices and wrongful input tax credit claims, because its without prejudice clause preserves other penal provisions and does not bar an FIR for offences under general criminal law. The Court rejected the plea that the Bharatiya Nyaya Sanhita was inapplicable merely because GST offences were also alleged. On the facts, prima facie material showed involvement in creating a fictitious firm, generating false e-way bills through another bogus concern, and evading tax without actual movement of goods, so bail was refused.
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