Several businesses received GST notices in December 2023 and January 2024 due to deadline extensions, leading to petitions in high courts challenging the legality of the notices. Some high courts have issued notices to the Centre, urging it not to take coercive action against the taxpayers. Approximately 800 taxpayers have lodged petitions across the country. The deadline for issuing notices for the fiscal years 2018-19 and 2019-20 was extended, resulting in a surge in notices to taxpayers. High Courts in Guwahati, Jammu and Kashmir, Ladakh, Rajasthan, and Madhya Pradesh have halted tax demands. The industry is observing whether the courts prioritize flexibility or stricter enforcement of force majeure conditions. Revenue authorities have defended their actions, stating that all extensions were approved by the GST Council. However, some experts argue that any notifications issued beyond the statutory framework will likely face legal scrutiny. It is crucial to monitor the progress of these cases to assess the legitimacy of demand orders issued between January and August and to understand the interpretation of ‘force majeure’ in these instances.
Source A2ztaxcorp
Latest Posts in "India"
- Supreme Court: GST Exemption Applies to Hostels Rented as Residential Dwellings for Students
- How to Instantly Verify GST Numbers and Avoid Fraudulent Payments in India
- Delhi HC Seeks Customs’ Reply on IndiGo’s ₹900 Crore Duty Refund Plea for Re-imported Parts
- Refund cannot be rejected basis previous years ineligible ITC without any outstanding demand
- Government Boosts GST Compliance Using Technology, Data Analytics, and AI to Curb Tax Evasion
