Impugned tax order set aside for lack of due process; ITC case involving alleged bogus invoices reopened for petitioner's objections.

Impugned tax order set aside for lack of due process; ITC case involving alleged bogus invoices reopened for petitioner's objections. https://www.taxtmi.com/highlights?id=83966 The High Court set aside the impugned order dated 08.04.2024 for violation of principles of natural justice due to non-service of show cause notices and assessment order. The case involved availment of input tax credit on alleged supplies from bill traders based on bogus invoices without actual goods involvement. Considering the petitioner had remitted the disputed taxes, the Court granted them a final opportunity to file objections within two weeks, treating the impugned order as a show cause notice. The petition was disposed of accordingly. en-us Fri, 13 Dec 2024 07:23:05 +0530 Fri, 13 Dec 2024 07:23:05 +0530 TaxTMI RSS Generator Impugned tax order set aside for lack of due process; ITC case involving alleged bogus invoices reopened for petitioner's objections. https://www.taxtmi.com/highlights?id=83966 The High Court set aside the impugned order dated 08.04.2024 for violation of principles of natural justice due to non-service of show cause notices and assessment order. The case involved availment of input tax credit on alleged supplies from bill traders based on bogus invoices without actual goods involvement. Considering the petitioner had remitted the disputed taxes, the Court granted them a final opportunity to file objections within two weeks, treating the impugned order as a show cause notice. The petition was disposed of accordingly. Highlights GST Fri, 13 Dec 2024 07:23:05 +0530 https://www.taxtmi.com/highlights?id=83966