<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Bail Condition to deposit INR 70 Lakhs for alleged wrongful availment of ITC is not sustainable</title>
    <link>https://www.taxtmi.com/article/detailed?id=11133</link>
    <description>The Supreme Court found that imposing a pre-release monetary deposit as a bail condition in a case alleging wrongful availment of Input Tax Credit is impermissible where final tax assessment remains incomplete; the deposit requirement was set aside while other bail conditions were sustained, underscoring that bail prerequisites cannot presume or pre-empt adjudicated tax liability.</description>
    <language>en-us</language>
    <pubDate>Wed, 22 Feb 2023 14:08:49 +0530</pubDate>
    <lastBuildDate>Wed, 22 Feb 2023 14:08:49 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=705406" rel="self" type="application/rss+xml"/>
    <item>
      <title>Bail Condition to deposit INR 70 Lakhs for alleged wrongful availment of ITC is not sustainable</title>
      <link>https://www.taxtmi.com/article/detailed?id=11133</link>
      <description>The Supreme Court found that imposing a pre-release monetary deposit as a bail condition in a case alleging wrongful availment of Input Tax Credit is impermissible where final tax assessment remains incomplete; the deposit requirement was set aside while other bail conditions were sustained, underscoring that bail prerequisites cannot presume or pre-empt adjudicated tax liability.</description>
      <category>Articles</category>
      <law>Goods and Services Tax - GST</law>
      <pubDate>Wed, 22 Feb 2023 14:08:49 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/article/detailed?id=11133</guid>
    </item>
  </channel>
</rss>