TECHNOCRAF

Technocraft Ventures Limited received a favorable order from the Additional Commissioner, CGST (Appeals), Meerut, allowing the company's appeal against a tax demand. - The appellate authority set aside the tax demand of ₹1,71,87,505, equivalent penalty of ₹1,71,87,505, and applicable interest. - The proceedings pertained to alleged GSTR-3B vs GSTR-2A and GSTR-9 discrepancies for FY 2018-19 to 2020-21. - The appellate authority noted that the department failed to establish fraud, wilful misstatement, or suppression of facts.