A Single SCN cannot be issued for multiple tax periods: Karnataka HC

Veremax Technologie Services Limited Vs Assistant Commissioner of Central Tax (Karnataka High Court) Summary: In Veremax Technologies Services Limited vs Assistant Commissioner of Central Tax, the Karnataka High Court addressed whether a single Show Cause Notice (SCN) could cover multiple tax periods. The petitioner, Veremax Technologies Services Limited, received a consolidated SCN for the tax periods 2017-18 through 2020-21. The petitioner challenged the SCN, arguing that Section 73 of the Central Goods and Services Tax (CGST) Act, 2017, mandates separate SCNs for each financial year. The pe...