GST on Discount: Bombay HC Declines to Quash Show Cause Notice

Safset Agencies Pvt. Ltd. Vs Union of India & Others (Bombay High Court) Bombay High Court, in Safset Agencies Pvt. Ltd. vs. Union of India & Others, refused to interfere with a show cause notice issued to the petitioner regarding taxation of a 5% discount given to owners of goods. The petitioner sought quashing of the notice, arguing that the tax authorities were attempting to override an Advance Ruling in its favor issued by the Appellate Authority on October 7, 2019. The Revenue Department, however, contended that the Advance Ruling was irrelevant to the current proceedings and that...