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The Karnataka High Court has ordered the refund of a Rs 10 crore GST payment made by a businessman in Bengaluru. The court noted that the payment, which the GST authorities claimed was voluntary, was not voluntary. Justice S. R. Krishna Kumar passed an order dated October 13 and made public this week after the […]
The High Court of Karnataka ruled that heavy rainfall is a true reason for the income tax delay, and then it quashed the order of the commissioner. An order was contested by the petition on 24.02.2021, which was passed by the Principal Commissioner of Income Tax, who had rejected an application for the condonation of […]
The cancellation of a Goods and Services Tax (GST) registration without mentioning the mandatory date and time of the personal hearing in the show-cause notice (SCN) violates the statutory safeguard under the Karnataka Goods and Services Tax Act, 2017 (KGST Act), the High Court of Karnataka has held. Accordingly, the court set aside the cancellation […]
The Karnataka High Court has clarified that not accurately reporting the correct value in tax returns or applying the appropriate Goods and Services Tax (GST) rate does not constitute suppression under Section 74 of the Central Goods and Services Tax (CGST). This ruling emphasises the distinction between honest errors and deliberate suppression in tax reporting. […]
The Karnataka High Court refused to pass an ex parte order staying the guideline issued on September 9 via the Union of India mandating the declaration of revised retail sale price (MRP), on unsold stock manufactured/packed/imported, which would come into force from September 22, in addition to the existing retail sale price (MRP). On the […]
The Karnataka High Court has decided that IGST will not apply to arrangements where employees are temporarily assigned to work for foreign companies. The issue of whether a secondment constitutes a taxable supply of manpower services or a non-taxable employer-employee relationship, which is covered under Schedule III of the CGST Act, was addressed by Justice […]
The Karnataka High Court has ordered the GST department to set up a system that lets it keep track of the notices it sends to taxpayers through email. This means that when notices are sent, there will be a way to confirm that they were delivered and received. The department must develop a system to […]
An income tax assessment order has been quashed by the High Court of Karnataka, holding that the department’s failure to send notices to the applicant’s updated email address denied a fair hearing. Suresh Kumar Paruchuri, taxpayer, was a registered taxpayer with Permanent Account Number (PAN) No. ACSPP1326Q had regularly submitted his ITRs. In the pertinent […]
The Karnataka High Court, in a ruling, has held in favour of M/s Safan Fasteners, setting aside the order of the tax department that restricted the Electronic Credit Ledger (ECL) of the company under Rule 86A of the Central Goods and Services Tax (CGST) Rules. The court said that the measure was opted without allotting […]
