Stay updated
The government has collected over Rs 600 crore as penalty for delay in linking PAN with Aadhaar, and about 11.48 crore Permanent Account Numbers are still not linked with biometric identity, Parliament was informed on Monday. “Number of PANs not…
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, imposing a cumulative penalty of Rs. 49,592. The penalty pertains to the disallowance of Input Tax Credit (ITC) availed under…
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.
The Punjab and Haryana High Court in the case of M/s. Deepak Sales Corporation v. Union of India [CWP No. 283 of 2023 dated September 21, 2023] allowed the appeal filed by the Assessee by way of the writ petition…
The CESTAT Bangalore, in the case of Mr. Rafeek K.T. v. Commissioner of Customs, Cochin [Customs Appeal No. 20074 of 2020 dated October 25, 2023] allowed the Appeal and held that the penalty cannot be imposed on the Appellant solely…
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 worth Rs 1.38 crore from GST & Central Excise Commissionerate, Rourkela. At 9:50 am, the stock was trading at Rs…
UltraTech Cement has received an order from the Assistant Commissioner, CGST & C. Ex Division 3, Bhavnagar raising demand for GST of Rs. 1.14 crore together with interest and equivalent penalty for alleged non-payment of differential GST on royalty of…
The Hon’ble Kerala High Court in the case of M/s. Global Plasto Wares v. Assistant State Tax Officer [WP (C) No. 33787 of 2023 dated October 17, 2023] dismissed the writ petition and held that Assessee is liable to pay…
The Hon’ble Allahabad High Court in M/s. Om Prakash Kuldeep Kumar v. Additional Commissioner Grade-2 and Another [WRIT TAX No. – 277 of 2022 dated October 03, 2023] set aside the seizure of goods transported and held that, unlike the…
The Hon’ble Kolkata High Court in the case of M/s. Ishaan Plastics Pvt. Ltd. & Anr. V/s The Deputy Commissioner of State Tax Bureau of Investigation (South Bengal) Durgapur Zone decided on 20.09.2023 👉 Issue ✔️ Can the Department impose…