DRAT Chennai held that person aggrieved by an order of the recovery officer can prefer an appeal before Debts Recovery Tribunal. Accordingly, DRAT disposes of this Appeal by sending the appeal to DRT.
Explains the ruling that compliance officers cannot be penalised for financial misstatements without clear legal duty or proof of knowledge. Key takeaway: liability must be grounded in explicit statutory responsibility.
A detailed look at the revised ITC reporting norms in GSTR-9 following recent notifications and FAQs, highlighting how the new tables prevent double claims and mismatches.
DGFT revises the Handbook of Procedures, merging ANF-1A into ANF-2A and enabling electronic verification of IEC application details to simplify the process.
