The High Court of Madras in the case of M/s Jayachandran Alloys (P.) Ltd. v The Superintendent of GST and Central Excise holding in favour of the petitioner ruled that power to punish would stand triggered only once it is established that an assessee has ‘committed’ an offence. The petitioner is an assessee against whom […]
The post Recovery can only be initiated once the Amount of Excess Credit has been quantified in an Assessment: Madras HC [Read Order] appeared first on Taxscan | Simplifying Tax Laws.
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