For export transactions occurring before the Finance Act, 2022 amendment, the determination of iron ore fines (Fe content) must be done on a Wet Metric Tonne (WMT) basis, rejecting the Dry Metric Tonne (DMT) method adopted by the Adjudicating Authority.
The Gauhati High Court directed de-freezing of bank accounts after the ITAT remanded the income tax appeals for fresh consideration. The Court held that continued freezing during pending appeals was not justified.
The Bombay High Court held that GST proceedings initiated against a company that ceased to exist after merger were void ab initio. The Court ruled that Section 87 of the CGST Act does not permit fresh notices against non-existent entities.
The Court ruled that refund claims under inverted duty structure cannot be restricted using the earlier anomalous formula once Rule 89(5) was amended to remove inconsistencies. The authorities were directed to reconsider the refund claims under the amended provisions.
The Delhi High Court held that income tax returns and taxable income details are personal information protected under Section 8(1)(j) of the RTI Act. The Court ruled that such information cannot be disclosed merely because it is sought in a matrimonial dispute.
The case involved GST proceedings initiated after alleged excess stock was found during a factory survey. The Court held that Section 130 proceedings were wrongly initiated and invalidated the confiscation-related orders passed by the authorities.
High Court held that customs regulations require verification through reliable documents and data, not mandatory physical inspection of a client’s premises.
The court held that initiating proceedings under the penalty provision for alleged excess stock discovered during a survey was improper. It ruled that such cases must be dealt with under assessment provisions, leading to quashing of the order.
The Court examined whether Section 130 could be used when discrepancies were found during a GST survey. It held that the correct legal route is Sections 73/74 and reinforced settled precedents.
The Court examined whether confiscation proceedings under Section 130 were valid for alleged excess stock found during a survey. It held that the law mandates action under Sections 73/74, rendering the orders unsustainable.
