Bombay HC quashes ₹400-cr personal GST penalty on Shemaroo executives

💡Analysis & Context
Court rules Section 122(1A) of the CGST Act cannot be invoked against employees who are not taxable persons; bars retrospective application of the pro Court rules Section 122(1A) of the CGST Act cannot be invoked against employees who are not taxable persons; bars retrospective application of the pro Monitor developments in Bombay for further updates.
📋 Quick Summary
Court rules Section 122(1A) of the CGST Act cannot be invoked against employees who are not taxable
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