Gujarat High Court permits furnishing of pending GST returns, in the matter of cancellation of GST registration due to non-filing of return for continuous period of six months, since substantial amount of outstanding tax with interest and late fees already deposited.
Since prolonged detention of assessees accused of ITC fraud was unjustified, given the documentary nature of evidence and completion of investigation. Applying the settled principle that bail is the rule and jail the exception
The notification grants five-year approval for eligible scientific research activities under Section 35(1)(iia). It confirms retrospective applicability without adverse impact.
The Tribunal admitted the insolvency plea under Section 7 of the IBC after finding financial default and compliance with RBI norms, initiating CIRP and declaring moratorium.
The Tribunal initiated CIRP proceedings after the borrower acknowledged the loan and default, confirming the existence of a financial debt under Section 7 of the IBC.
Tribunal ruled that advertisement, promotional, and management service payments made by an importer are not a condition of sale and cannot be added to customs valuation under Rule 10(1)(e).
The Tribunal admitted an insolvency application after finding that the debtor failed to pay dues despite completion of consultancy services and no bona fide dispute existed.
Blocking Input Tax Credit under Rule 86A without recording written reasons to believe is illegal, as per Allahabad High Court, reinforcing procedural safeguards in GST.
The AAR confirms that transferring a business unit with all assets and liabilities as a going concern is GST-exempt under the relevant notification.
Know when higher TDS applies under Sections 206AA and 206AB for non-furnishing of PAN or non-filing of returns, and related exemptions and rates.
