Madras HC quashes Section 74 SCN for 28% GST chargeable on on Tubes, Tyres and Flaps treated as ‘composite
The Hon’ble Madras High Court in the case of MRF Ltd. v. Additional Director DGGI & Anr. held that where the Petitioner voluntarily disclosed short payment on Tyres Tubes and Flaps (TTF) supply treating it as composite supply at 28% rate vide communication dated January 7, 2019 and paid entire tax with interest on February 21, 2019 before DGGI investigation, no fraud, wilful misstatement or suppression exists..