Ask Jurishour AI

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
tdb_templates
saswp_reviews
saswp-collections
saswp_rvs_location
tdc-review-email
web-story-font
web-story
googlesitekit_email
tds_locker
tds_email
saswp
mailpoet_page
mailpoet_email
tdcpt_tunes
tdc-review
pronamic_payment
pronamic_gateway
pronamic_pay_subscr
wpcode
HomeGSTGST Demand on PSLC Transactions Quashed, Says Liability Can’t Be Shifted Without...

GST Demand on PSLC Transactions Quashed, Says Liability Can’t Be Shifted Without RBI Clarification: Allahabad High Court

GST

Published on

By Mariya Paliwala
Allahabad High Court

🚀 Stay Connected With JurisHour

WhatsApp X Telegram

The Allahabad High Court (Lucknow Bench) has quashed a GST demand order passed against Prathama U.P. Gramin Bank, holding that tax liability cannot be imposed on the seller of Priority Sector Lending Certificates (PSLCs) without proper inquiry and clarification from the Reserve Bank of India. The division bench comprising Justice Shekhar B. Saraf and Justice…

Membership Required

You must be a member to access this content.

View Membership Levels

Already a member? Log in here
Mariya Paliwala
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.

Latest articles

Direct Tax

Religious References Alone Can’t Deny S. 80G Approval: ITAT

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has held that an...
Direct Tax

Reopening for AY 2015-16 Invalid After Six-Year Limitation: ITAT

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that a...
GST

Punjab & Haryana HC Quashes SVLDRS Rejection, Directs Fresh Consideration of Interest Waiver Claim

The Punjab and Haryana High Court has quashed an order rejecting a taxpayer’s application...
GST

GST Assessment Order Quashed for Failure to Prove Service of SCN: Patna High Court 

The Patna High Court has set aside an ex parte GST assessment order and...

More like this

Direct Tax

Religious References Alone Can’t Deny S. 80G Approval: ITAT

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has held that an...
Direct Tax

Reopening for AY 2015-16 Invalid After Six-Year Limitation: ITAT

The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that a...
GST

Punjab & Haryana HC Quashes SVLDRS Rejection, Directs Fresh Consideration of Interest Waiver Claim

The Punjab and Haryana High Court has quashed an order rejecting a taxpayer’s application...