Section 73/74 Anti-Evasion Proceedings are Independent of Section 122 Penalty: Allahabad HC

Patanjali Ayurved Ltd. Vs Union of India And Others (Allahabad High Court) In the recent case of M/S PATANJALI AYURVED LTD v. UNION OF INDIA AND OTHERS, the Allahabad High Court held that proceedings under Section 73/74 stand independent of the proceedings under Section 122. Abatement of proceedings under Section 74 of the CGST Act does not ipso facto abate the proceedings under Section 122, which are for completely different offences. Facts of the Case: M/s Patanjali Ayurved Limited (Petitioner/ PAL) is engaged in the manufacturing of Fast-Moving Consumer Goods. Information was received...