The Court held that excess stock found during a GST survey must be dealt with under Sections 73/74, not Section 130, and quashed confiscation proceedings.
ITAT Hyderabad sent back the disallowance of Rs. 25.93 crore on pension bond adjustments and Rs. 21.92 crore on pension trust payments for verification due to contradictory claims and ITR reporting errors.
The Court ruled that GST authorities cannot simultaneously act under both Sections 129 and 130 and directed the officer to specify the chosen route within two days.
ITAT Delhi upholds capital receipt status of E-tax subsidies and deletes disallowances on leasehold expenses, Section 14A, bank charges, and MAT additions for PVR Ltd.
The Orissa High Court upheld Vedanta Ltd.’s entitlement to interest for refund delayed over 14 years, holding that the Department cannot retain excess duty indefinitely. Interest rate reduced to 6% per annum.
Telangana High Court permitted petitioner to approach GST Appellate Tribunal against a penalty order, directing a 10% pre-deposit within eight weeks and disallowing adjustment of prior tax payments.
The Delhi High Court set aside a GST notice against C.H. Robinson Worldwide Freight India Pvt. Ltd., citing violation of the mandatory three-month period under Section 73 of the CGST Act.
The High Court allowed anticipatory bail to a petitioner in a scrap-related case, directing surrender within three weeks and compliance with BNSS conditions.
The High Court held that a second show cause notice issued under the CENVAT Rules was without jurisdiction and barred by limitation, as the dispute had already been settled under the MODVAT regime.
The Delhi High Court held that issuance of a Show Cause Notice before expiry of reply time violated natural justice and set it aside while upholding the audit report’s validity.
