https://www.taxtmi.com/caselaws?id=398938 The Court allowed the Writ Petition, directing the respondents to refund the tax, penalty, and interest collected from the petitioner. The detention and subsequent collection of tax and penalty were deemed unjustified as the transaction was a stock transfer, not a sale, under the GST regime. The judgment emphasized the importance of verifying registration details and conducting due diligence before imposing tax liabilities. en-us Wed, 23 Sep 2020 00:00:00 +0530 Fri, 19 Feb 2021 12:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398938 The Court allowed the Writ Petition, directing the respondents to refund the tax, penalty, and interest collected from the petitioner. The detention and subsequent collection of tax and penalty were deemed unjustified as the transaction was a stock transfer, not a sale, under the GST regime. The judgment emphasized the importance of verifying registration details and conducting due diligence before imposing tax liabilities. Case-Laws GST Wed, 23 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398938