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📢 #GSTCaseLaw Update: In a recent judgment, the 𝗠𝗮𝗱𝗿𝗮𝘀 𝗛𝗶𝗴𝗵 𝗖𝗼𝘂𝗿𝘁 𝘀𝗲𝘁 𝗮𝘀𝗶𝗱𝗲 𝗮𝗻 𝗼𝗿𝗱𝗲𝗿 𝗮𝘀 𝘁𝗵𝗲 Show Cause Notice (𝗦𝗖𝗡), 𝗮𝗻𝗱 𝘁𝗵𝗲 𝗳𝗶𝗻𝗮𝗹 𝗼𝗿𝗱𝗲𝗿 𝘄𝗮𝘀 𝗶𝘀𝘀𝘂𝗲𝗱 𝗼𝗻 𝘁𝗵𝗲 𝘀𝗮𝗺𝗲 𝗱𝗮𝘁𝗲. The matter has been remanded.

📰 𝗥𝗮𝗷𝗮𝘀𝘁𝗵𝗮𝗻 𝗛𝗶𝗴𝗵 𝗖𝗼𝘂𝗿𝘁 𝗥𝘂𝗹𝗶𝗻𝗴: 𝗔𝗱𝘃𝗮𝗻𝗰𝗲 𝗥𝘂𝗹𝗶𝗻𝗴 𝗔𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻 𝗡𝗼𝘁 𝗥𝗲𝘀𝘁𝗿𝗶𝗰𝘁𝗲𝗱 𝗢𝗻𝗹𝘆 𝘁𝗼 𝗦𝘂𝗽𝗽𝗹𝗶𝗲𝗿 📢 Justice Avneesh Jhingan and Justice Ashutosh Kumar observed,

You can relax as we have read the whole Budget and summarised it for you: 📢 FM proposes a common time limit for demand notices and orders, affirming the Council’s proposal on ceding/re-insurance premium. This is a significant step towards simplifying the GST tax structure.

𝗖𝗘𝗦𝗧𝗔𝗧 𝗗𝗲𝗹𝗵𝗶 𝗥𝘂𝗹𝗶𝗻𝗴 𝗼𝗻 𝗦𝗲𝗿𝘃𝗶𝗰𝗲 𝗧𝗮𝘅 𝗟𝗶𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝗳𝗼𝗿 𝗔𝘃𝗶𝗮𝘁𝗶𝗼𝗻 𝗜𝗻𝗰𝗼𝗺𝗲 📢 The bench of CESTAT Delhi stated, "It becomes crystal clear that the present is not at all a case of tax evasion."

📰 𝗗𝗲𝗹𝗵𝗶 𝗛𝗶𝗴𝗵 𝗖𝗼𝘂𝗿𝘁 𝗥𝘂𝗹𝗶𝗻𝗴: 𝗧𝗣𝗢 𝗖𝗮𝗻𝗻𝗼𝘁 𝗥𝗲𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲 𝗧𝗿𝗮𝗻𝘀𝗮𝗰𝘁𝗶𝗼𝗻𝘀 📢 The bench of Justice Yashwant Varma and Justice Ravinder Dudeja observed, "It would not be permissible for the TPO to engage in the restructuring of a

𝗖𝗘𝗦𝗧𝗔𝗧 𝗥𝘂𝗹𝗶𝗻𝗴 𝗼𝗻 𝗖𝗘𝗡𝗩𝗔𝗧 𝗖𝗿𝗲𝗱𝗶𝘁 𝗮𝗻𝗱 𝗜𝗻𝘁𝗲𝗿𝗲𝘀𝘁 𝗟𝗶𝗮𝗯𝗶𝗹𝗶𝘁𝘆 📢 The bench of CESTAT stated:

𝗖𝗘𝗦𝗧𝗔𝗧 𝗖𝗵𝗲𝗻𝗻𝗮𝗶 𝗥𝘂𝗹𝗶𝗻𝗴 𝗼𝗻 𝗦𝗲𝗿𝘃𝗶𝗰𝗲 𝗧𝗮𝘅 𝗔𝗱𝗷𝘂𝘀𝘁𝗺𝗲𝗻𝘁 𝗧𝗿𝗶𝗯𝘂𝗻𝗮𝗹 𝗥𝘂𝗹𝗶𝗻𝗴: Adjusting excess service tax on supplementary invoices is allowed if subsequent invoices are unpaid.

𝗠/𝘀. 𝗕𝗵𝗮𝗿𝗮𝘁 𝗦𝗮𝗻𝗰𝗵𝗮𝗿 𝗡𝗶𝗴𝗮𝗺 𝗟𝗶𝗺𝗶𝘁𝗲𝗱 𝘃𝘀. 𝗖𝗼𝗺𝗺𝗶𝘀𝘀𝗶𝗼𝗻𝗲𝗿 𝗼𝗳 𝗚𝗦𝗧 𝗮𝗻𝗱 𝗖𝗲𝗻𝘁𝗿𝗮𝗹 𝗘𝘅𝗰𝗶𝘀𝗲

🚨 𝗔𝗱𝘃𝗶𝘀𝗼𝗿𝘆 𝗳𝗼𝗿 𝗙𝗢𝗥𝗠 𝗚𝗦𝗧𝗥-𝟭𝗔 🚨 🗓 Date: July 26, 2024

𝗞𝗲𝗿𝗮𝗹𝗮 𝗛𝗶𝗴𝗵 𝗖𝗼𝘂𝗿𝘁 𝘀𝗲𝘁 𝗮𝘀𝗶𝗱𝗲 𝘁𝗵𝗲 𝗱𝗲𝗺𝗮𝗻𝗱 𝗳𝗼𝗿 𝗮 𝗹𝗮𝘁𝗲 𝗳𝗲𝗲 𝗮𝘀 𝘁𝗵𝗲 𝗮𝘀𝘀𝗲𝘀𝘀𝗲𝗲 𝗳𝗶𝗹𝗲𝗱 𝗚𝗦𝗧𝗥-𝟵𝗖 𝗯𝗲𝗳𝗼𝗿𝗲 𝟭-𝟰-𝟮𝟬𝟮𝟯, 𝗯𝘂𝘁 𝘁𝗵𝗲 𝗯𝗲𝗻𝗲𝗳𝗶𝘁 𝗼𝗳 𝘁𝗵𝗲 𝗮𝗺𝗻𝗲𝘀𝘁𝘆 𝘀𝗰𝗵𝗲𝗺𝗲 𝘄𝗮𝘀 𝗴𝗶𝘃𝗲𝗻 thereafter.