News

Sai Life Sciences Ltd has disclosed that it has received a tax demand notice of Rs 16.28 crore, along with applicable interest and penalties, related to alleged excess ITC claims.

Sai Life Sciences Faces IGST Demand of Rs 16.28 Crore Over Alleged Excess ITC Claim

Judgement

Court allows prosecution under BNS alongside GST law; finds active role in fake firms.

High Court Refuses Bail in Rs. 2 Crore GST Fraud Matter.

High Court Refuses Bail in Rs. 2 Crore GST Fraud Matter

GST liability arises only on ledger debit; composite order quashed and matter remanded for fresh adjudication.

Mere GST Deposit not payment until debited and appropriated to Government: High Court

Court rules personal hearing mandatory under GST law; checkbox waiver cannot override statutory requirement.

Denial of Personal Hearing Vitiates GST Order, HC Clarifies

The company was allowed to file its reply to the notice, and the authorities were directed to review everything before making a final decision.

Karnataka High Court Sends ITC Matter Back to GST Authorities for Reconsideration

The High Court cited previous rulings, which held that each financial year is treated as a separate tax period for the purpose of assessment and recovery.

Explore Our Blogs

Stay updated with the latest insights, tips, and industry trends from our experts

Sai Life Sciences Faces IGST Demand of Rs 16.28 Crore Over Alleged Excess ITC Claim

High Court Refuses Bail in Rs. 2 Crore GST Fraud Matter

Mere GST Deposit not payment until debited and appropriated to Government: High Court

Denial of Personal Hearing Vitiates GST Order, HC Clarifies

Karnataka High Court Sends ITC Matter Back to GST Authorities for Reconsideration

GST: High Court Quashes SCN Issued for Multiple Years, Says Each Year Must Be Treated Separately