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
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