The Orissa High Court set aside a GST order of Rs.17.89 lakh after the tax periods in the adjudication did not match the show-cause notice, remitting the matter for fresh computation.
Orissa High Court held that Goods and Services Tax deposit on account of inadvertent error got reflected in Tax Deduction at Source account is rectifiable since denying the rectification would tantamount to double taxation.
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.
Reaffirming its earlier decision, the Orissa High Court ruled that iron ore Fe content should be assessed on WMT basis and found no substantial question of law in the Customs Department’s appeal.
Orissa High Court directs GST authority to first assess the maintainability and merits of an application seeking rectification of a show cause notice under Section 161.
Orissa High Court dismissed Commissioner of Customs’ appeal under Section 130 of Customs Act, holding that no substantial question of law arose as Tribunal had rightly found respondent had discharged burden under Section 123 by proving legal ownership of seized gold biscuits.
Orissa High Court held that auction sale by the bank under Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act) justified as there was no information available with bank regarding existence of status quo order.
The Orissa High Court dismissed a plea by a Managing Director to discharge himself from a prosecution under Section 138 of the Negotiable Instruments NI Act, 1881, following his company’s entry into the Corporate Insolvency Resolution Process CIRP under the IBC, 2016.
Orissa High Court held that initiation of proceedings on same subject matter under section 74 of the Goods and Services Tax Act by different tax administrations is not justifiable. Accordingly, subsequent proceedings initiated by Central Proper Officer not sustained.
High Court stayed operation of an ROC order concerning alleged illegal share transfers and unauthorized director appointments, directing petitioner to approach NCLT Cuttack for a specialized adjudication.
