Ministry of Finance amends UTGST (Rate) notification, aligning definition of ‘Nominated Agency’ with Lists 13, 14, and 15 of new Customs Notification 45/2025.
The issue was the summary dismissal of the taxpayer’s appeal by the CIT(A) for non-compliance, despite giving only a one-day notice for hearing and a timely adjournment request. The ITAT ruled that dismissing the appeal without granting reasonable time violated the principle of natural justice. The Tribunal set aside the order and remanded the matter back, emphasizing the requirement for adequate opportunity of hearing in appellate proceedings.
The Madhya Pradesh High Court set aside an Appellate Authority’s order by clarifying the calculation of the four-month limitation period for filing a GST appeal under Section 107 of the CGST Act, 2017. The judgment confirms that the first day is excluded, the period is calculated in ‘months’ (not days), and the corresponding date rule applies, validating an appeal filed on the last day of the extended grace period.
The case challenged the sustained addition of purchases solely because the supplier, though having active ITC, failed to respond to a tax notice or was inactive on the GST portal. The Tribunal ruled the entire addition unsustainable, noting the purchases were supported by bank payments, invoices, and stock records. The key takeaway is that the non-cooperation of a supplier or an inactive GST status alone is not sufficient to treat purchases as unexplained expenditure.
RBI circular on UAPA Section 51A requires Regulated Entities (REs) to update records based on the UNSC’s amended ISIL/Al-Qaida Sanctions List for compliance.
CBIC issued Notification 45/2025-Customs, consolidating 30 standalone duty exemption notifications with the primary 50/2017-Customs for trade facilitation, effective November 1.
