Kerala High Court held that proceedings against petitioner [recipient] for Input Tax Credit mis-match cannot be sustained since no proceedings have been initiated against the supplier. Accordingly, proceedings initiated against recipient is not legally sustainable.
NCLT Delhi held that application under section 33(2) of the Insolvency and Bankruptcy Code for liquidation of Corporate Debtor [M/s. VHV Beverages Private Limited] is allowed as decided by Committee of Creditor [CoC]. Accordingly, the present application is allowed.
Kerala High Court held that benefit of Sabka Vishwas (Legacy Dispute Resolution) Scheme (SVLDRS) admissible even though payment was affected after cut of date as extension since payment was made within period extended on account of COVID-19 pandemic.
The authority permitted withdrawal of the advance ruling application without examining its merits. The matter was disposed of with no findings on the issues raised.
The ruling held that bundling premix tea with various tea products is not naturally bundled and therefore constitutes mixed supply. The tax rate applicable is 5%, with the highest-rate principle guiding future cases.
The Delhi High Court held that interest must be paid after refund re-credit was delayed because PMT-03 did not reflect due to technical glitches. The Court directed authorities to process and sanction the interest within two months.
The Commission found that association-issued circulars prescribing uniform commercial terms amounted to price fixing under Section 3(3). The ruling highlights that trade association decisions among similar retailers fall squarely within anti-competitive prohibitions.
The Tribunal refused to condone a 441-day delay, ruling that failure to monitor appeal filing cannot constitute sufficient cause. The case underscores that professional lapses and lack of diligence will not excuse late appeals.
The Court held that adjudication by an officer who had previously conducted an audit on the same issue displayed a pre-disposed mind, setting aside the impugned order for independent reconsideration.
The Court held that a provisional bank account attachment under Section 83 had lapsed because the statutory one-year validity period had already expired. It ordered de-freezing of the account while allowing show cause proceedings to continue.
