Delhi High Court No Incriminating Material Was Found During Search: Delhi High Court Quashes S. 153A Proceedings Case Title: PCIT Versus Oxygen Business Park Pvt. Ltd. The Delhi.
The petitioner, Sporta Technologies, claimed that notices issued for evasion of GST leviable at the rate of 28% on the amount levied for providing gambling services to users was without jurisdiction.
This article focuses on understanding how various offences under GST Act become a means to launder money and under which circumstances offences under GST may coincide with offences under PMLA.