The Delhi High Court recalled its previous orders in four GST cancellation petitions after discovering the SCNs and petitioners’ ID documents (Aadhaar) were forged, triggering a high-level probe into the fraudulent use of the judicial process.
This standard guides internal auditors on selecting, validating, and documenting tools like AI, analytics, and CAATs while ensuring data security and professional judgment in audits.
Allahabad High Court invalidates seizure and penalty under UPGST, ruling that e-way bill notifications were rescinded and goods transport was lawful.
DGFT Notification 44/2025-26, dated Oct 15, 2025, amends the ITC (HS) 2022, Schedule-I (Import Policy) to align it with the Finance Act 2025. This involves updates to ITC (HS) Codes, policy conditions, and related notes, effective immediately.
DGFT prohibits the import of raw and roasted Areca Nuts with a CIF value below Rs. 351/- per kg, except for imports by EOUs, SEZs, and under the Advance Authorization Scheme.
Delhi High Court declines writ relief in ITC fraud case, directing petitioners to approach appellate authority under Section 107 of the CGST Act.
SIA 230 establishes standards for audit evidence, requiring auditors to collect sufficient, reliable data using methods like observation, inquiry, and analytics to support audit conclusions and assess control effectiveness.
The Allahabad High Court dismissed a challenge to a GST Show Cause Notice (DRC-01) arguing it was premature. The Court held the error was hyper-technical since the petitioner disputed the entire liability, distinguishing the Agrometal precedent.
The Delhi High Court holds that the challenge to GST notifications extending time limits for Section 73 adjudication orders must await the Supreme Court’s ruling on the validity of Section 168A extensions, noting conflicting High Court judgments.
The case underlines that identifying all auditable units through an audit universe ensures comprehensive coverage, prevents oversight, and guides resource allocation for efficient internal audits.
