The Bombay High Court quashed Rs.133.60 crore GST penalty notices against three Shemaroo Entertainment Ltd. executives, ruling Section 122(1A) of the CGST Act cannot apply retrospectively and requires proof of benefit and instigation, protecting them under Article 20(1).
The Bombay High Court clarified that summons under Section 70 are meant for inquiry and statement recording, not detention, resolving long-standing confusion in GST investigations. It further ruled that no seven-day prior notice is required before issuing such summons.
