Indirect Taxes

PMLA – Court cannot set aside discharge order if accused is already acquitted in relation to scheduled offence and is not accused of any scheduled offence: SC.

Parvathi Kollur Vs State by Directorate of Enforcement, 2022-TIOL-72-SC-PMLA.

GST – Refunds – Interest was payable on delayed refund in terms of Section 56 of CGST Act as delay in processing refund was more than 60 days; Supreme Court on relaxation of time limit due to Covid was not applicable.

Ankush Auto Deals v. Commissioner of DGST – [2022] 141 taxmann.com 458 (Delhi).

CBIC notifies Customs (Compounding of offences) Amendment Rules, 2022.

Notification No. 69/2022 – CUSTOMS (N.T.), dated 22-08-2022.

GST – Petition has been filed at the behest of a person who is, concededly, not managing the affairs of the petitioner concern. – Perjury Proceedings initiated.

Apex Traders Vs. CCT, GST Delhi, 2022-TIOL-1123-HC-DEL-GST.

CBIC issues clarification on BCD rate on import of display assembly of mobile phones.

Circular No. 14/2022 – CUSTOMS, dated 18-08-2022.

VAT – Limitation – a differentiation must be made between statutes which do & do not mention consequences for non adherence with limitation: SC.

CST Odisha Vs. Essel Mining and Industries Ltd, 2022-TIOL-68-SC-VAT.