Rs. 3731 Crore Penalty Demand from the employees set aside


Last updated: 24 April 2024

Court :
Bombay High Court

Brief :
The Hon'ble Bombay High Court in the case of Shantanu Sanjay Hundekari v. Union of India and Ors [Writ Petition (L) No. 30198 of 2021 dated March 28, 2024] allowed the writ petition and set aside the demand of penalty amount of Rs. 3731 Crore, thereby holding that, The penalty is imposable only on person under sub-section 1A of Section 122 of the Central Goods and Services Tax Act, 2017 ("the CGST Act”),  who is responsible for the transaction conducted, is a taxable person and is in legal position to retain the benefit of tax on the transaction covered under the aforesaid provisions of sub-section (1) of Section 122 of the CGST Act.

Citation :
Writ Petition (L) No. 30198 of 2021 dated March 28, 2024

You have reached daily limit of 2 Free Judgements. To view this or other Judgements please subscribe to CCI PRO :

GST Plus

Stay updated! Stay ads free

Browse CAclubindia ads free.
Latest updates on WA.
Daily E-Newsletter and much more.

CCI PRO annual subscription :

Original Price : INR 1999/-

Offer Price : INR 999/-

Duration : 1 year
(Prices Inclusive of GST)


Know More

Note: If you are a PRO member already, please click here to login (for ad free experience)
 
Join CCI Pro

gagan
Published in GST
Views : 153
downloaded 132 times



Comments

CAclubindia's WhatsApp Groups Link