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The Hon’ble Supreme Court in the case of The Additional Commissioner of Commercial Taxes granted leave and allowed appeal, wherein M/s. Shankara Infrastructure Materials Ltd. (“the Respondent”) was duly served notice, however, no appearance was made before the officer.
The Hon’ble Supreme Court in the case of Shankar Rudra allowed the civil appeal and held that when the provisions of the UVAT Act does not provide for the dues of a limited company could be ascertained by the Director. Hence, recovery certificate and demand notice shall have not been issued to the Assessee.
The Honorable Supreme Court in the case of State of Gujarat vs M/s. Ambuja Cement Ltd. held that the Value Added Tax (VAT) paid on purchases should not be considered for computing taxable turnover of purchases as per Section 11(3)(b) of the Gujarat Value Added Tax Act, 2003 (GVAT Act).
The Hon’ble High Court of Punjab and Haryana at Chandigarh (“the High Court”) in the case of Deepak Kumar v. State of Punjab [CRM-M-38352-2014 dated November 29, 2022] held that in case of tax evasion, First Information Report (“FIR”) cannot…