??Desk of CA. Praveen Sharma 683 Series (CAPS)??JAMMU & KASHMIR HIGH COURT IN THE CASE OF Jammu and Kashmir
CA. Praveen Sharma (Corporate Trainer)
Co-Founder @ The GST Mitra | Financial Modeling, Financial Analysis
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?The Jammu & Kashmir High Court declined to entertain the petition filed by the petitioner-Bank challenging the show-cause notice (SCN) issued by the Commissioner, CGST, Jammu on 30.11.2024 under the J&K GST Act, CGST Act, and IGST Act, 2017.
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? The SCN contains detailed reasons for initiating action.
? The Bank has the right to respond and challenge jurisdiction.
? The Commissioner must consider the reply strictly as per law.
? The Bank has two weeks to file a reply, and the Commissioner must decide within four weeks.
? No coercive action shall be taken against the Bank until a final decision is made.
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CA. Praveen Sharma