https://www.taxtmi.com/caselaws?id=761991 A writ petition challenging a show cause notice was held maintainable where the challenge was that the proceedings were wholly without jurisdiction, because an alternative remedy does not bar Article 226 review on a pure question of law. On the GST issue, interest collected by a chit foreman from defaulting subscribers was treated as arising from the contractual chit relationship and not as consideration for a taxable supply. The Court further noted that, even otherwise, the amount fell within the exemption for interest on deposits, loans or advances under Notification No. 12/2017-Central Tax (Rate). The impugned demand notice was therefore unsustainable. en-us Wed, 04 Sep 2024 00:00:00 +0530 Mon, 02 Jun 2025 12:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=761991 A writ petition challenging a show cause notice was held maintainable where the challenge was that the proceedings were wholly without jurisdiction, because an alternative remedy does not bar Article 226 review on a pure question of law. On the GST issue, interest collected by a chit foreman from defaulting subscribers was treated as arising from the contractual chit relationship and not as consideration for a taxable supply. The Court further noted that, even otherwise, the amount fell within the exemption for interest on deposits, loans or advances under Notification No. 12/2017-Central Tax (Rate). The impugned demand notice was therefore unsustainable. Case-Laws GST Wed, 04 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=761991