9911796707
TMI Blog2024 (7) TMI 609X X X X Extracts X X X X X X X X Extracts X X X X ..... as not taken into consideration - unlawful availment of Input Tax Credit (ITC) - payment of professional charges on reverse charge mechanism basis - HELD THAT:- It is found that the reply and documents annexed thereto were not taken into consideration. As regards professional charges, the petitioner had stated that reverse charge mechanism liability was limited to Rs. 4,18,000/- and that this amou ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 9.2023 in respect of two defects. The first defect relates to alleged circular trading by the petitioner and the consequential unlawful availment of Input Tax Credit (ITC). The second issue relates to payment of professional charges on reverse charge mechanism basis. The petitioner replied to the show cause notice on 24.10.2023. In such reply, the petitioner asserted that the management of the pet ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed in these facts and circumstances. 3. Learned counsel for the petitioner invited my attention to the impugned order and pointed out that the tax proposal relating to defect no.1 was confirmed solely on the ground that the two entities use a common place of business without taking into account the reply of the petitioner or the documents annexed thereto. Similarly, as regards professional charges ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... mpany and Santhanalakshmi Mills appears to have been enclosed with the reply. On perusal of the impugned order, I find that the reply and documents annexed thereto were not taken into consideration. As regards professional charges, the petitioner had stated that reverse charge mechanism liability was limited to Rs. 4,18,000/- and that this amount was paid. This reply was also completely disregarde ..... X X X X Extracts X X X X X X X X Extracts X X X X
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