A two-judge bench of the Calcutta High Court has held that the transaction cannot be suspected merely on ground that the GST registration of the other-end dealer was cancelled with retrospective effect. Justice T. S. Sivagnanam and Justice Hiranmay Bhattacharyya were considering a petition by M/s Shraddha Overseas wherein the petitioner challenged the action of…
Source Taxscan
Latest Posts in "India"
- CBIC Hosts Outreach in Delhi to Promote Duty Deferment Scheme for Manufacturer Importers and MSMEs
- CBIC Removes ₹10 Lakh Cap, Launches Major Reforms for E-Commerce and Courier Exports in 2026
- India Grants Full Customs Exemption on Key Petrochemicals to Counter Supply Disruptions Until June 2026
- Proposed GST Reforms: ITC Refund for Capital Goods, Edible Oil Sector, and HSN Auto-Population
- Residential Villa Construction Taxable as Composite Supply with Deemed One-Third Land Valuation under GST
