The Supreme Court will decide whether GST tax authorities can issue a single show-cause notice covering multiple financial years, or whether proceedings must start year-by-year. The ruling could determine whether liabilities can be aggregated in one sweep and how limitation timelines apply, directly affecting the way GST disputes are assessed, contested, and litigated.
A proposed retro GST amendment seeks to remove uncertainty around merchant trade, in-bond sales and high-sea sales. But the plan also fails to provide refunds for GST already collected under these categories, potentially leaving affected businesses with unanswered tax costs and setting the stage for new court battles.
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