Madras High Court held that petitioners are not entitled for payment of fine in lieu of confiscation since gold imported beyond the permissible limit of 1 Kg is to be treated as prohibited items as per the provisions of section 2(33) of the Customs Act.
The Madras High Court ruled that a GST-registered firm cannot claim ignorance of GST rules or the validity of notices served via the GST portal. A petitioner’s adverse order was conditionally quashed, requiring a 25% deposit of the disputed tax amount.
The Madras High Court directed Sri Mahalakshmi Construction to deposit 5% of the disputed tax from its Electronic Cash Register to secure a final hearing, as the petitioner had failed to attend previous hearings.
The Madras High Court ruled that short-term capital gains from the sale of depreciable business assets can be set off against brought forward business losses, citing a similar Bombay High Court judgment.
The Madras High Court ruled that the Commercial Tax Department can initiate proceedings to void the sale of a property if the original owner had sales tax arrears, citing Section 53 of the Transfer of Property Act.
Madras High Court has quashed Section 73 assessment orders, ruling that belated GST Input Tax Credit claims made before November 30, 2021, are valid under Section 16(5).
Madras High Court directed Britannia to appeal its flavored milk GST classification. The court cited a binding precedent and ordered bank account unfreezing.
Madras HC Directs Taxpayer to GST Appellate Forum SEO Meta Description: Madras High Court advises taxpayer to use alternative appeal remedy under GST Act, requiring 7.5% pre-deposit for reconsideration.
Madras High Court quashes order rejecting GST refund due to non-response, directing authorities to reconsider refund claim under Section 54 and IGST Act Section 16(3).
Madras High Court holds importers and steamer agents not liable for service tax on CIF ocean freight, quashes show cause notices for 2017 period.
