Pidilite Industries discloses imposition of GST penalty, shares up
Pidilite Industries Limited disclosed receiving three orders. These orders were issued by the Superintendent at Guwahati-B-10, Guwahati-B, and Guwahati Zone-B, Assam,…
Tag: Penalty
Penalty reduced from Rs.56 lakh to Rs. 10 thousand in case of delay in payment of tax collected by the Supplier
The Hon’ble Allahabad High Court in the case of Clear Secured Services Private Limited held that maximum penalty of Rs.10,000/- could be imposed by the Revenue Department, when no amount of tax has been evaded by the Assessee and there is only delay in depositing the amount of tax collected by the Supplier.
Penalty and Interest could not be imposed when Credit was erroneously availed but not utilized
The Punjab and Haryana High Court in the case of M/s. Deepak Sales Corporation v. Union of India [CWP No.…
Sufficient reasons are required to sustain the charge of abatement
The CESTAT Bangalore, in the case of Mr. Rafeek K.T. v. Commissioner of Customs, Cochin [Customs Appeal No. 20074 of…
Vedanta gains despite Rs 1.38-crore GST notice, downgrade by CRISIL
Shares of Vedanta opened 0.5 percent higher during early trade on November 20, after the Anil Agarwal-led company received a GST demand order…
UltraTech Cement receives order for GST demand & penalty worth Rs 2.28 crore
UltraTech Cement has received an order from the Assistant Commissioner, CGST & C. Ex Division 3, Bhavnagar raising demand for…
Penalty imposed on GST collected but not deposited to Government even after Tax payment within 30 days from Notice
The Hon’ble Kerala High Court in the case of M/s. Global Plasto Wares v. Assistant State Tax Officer [WP (C)…
No provision to Disclose the Route of Transportation of Goods under GST
The Hon’ble Allahabad High Court in M/s. Om Prakash Kuldeep Kumar v. Additional Commissioner Grade-2 and Another [WRIT TAX No.…
GST Daily 116 – HC QUASHES PENALTY ORDER ON E-WAY BILL THAT EXPIRED IN 9 HOURS
The Hon’ble Kolkata High Court in the case of M/s. Ishaan Plastics Pvt. Ltd. & Anr. V/s The Deputy Commissioner…
Godrej Properties takes a hit as subsidiary faces Rs 48.31-cr GST demand
The shares of Godrej Properties traded down marginally in early trade on October 16 after the company’s arm received GST…