Daily Intelligence Capsule — 19 August 2026
Latest EditionLatest Edition — Wednesday, 19 August 2026Partners Personally Penalised for Fake-ITC Fraud Under Section 122(1A) CGST Act
Gujarat HC
Gujarat High Court upholds personal penalties on two partners under Sections 122(1A) and 122(3) of the CGST Act for orchestrating a fake-invoice, fake-e-way-bill, hawala-routed ITC fraud — independent of the firm's own penalty. *Manoj Ramkishan Agrawal & Anr. v. Union of India & Anr.*
Read the briefingCase Law
GST on Corporate Guarantees: Gujarat HC Upholds Rule 28(2), Bars Retrospective Levy Before 26 Oct 2023
Gujarat High Court upholds the constitutional validity of Rule 28(2) of the CGST Rules governing GST valuation of corporate guarantees between related parties, while quashing retrospective demands on guarantees issued before the Rule came into force on 26 October 2023.
Read: GST on Corporate Guarantees: Gujarat HC Upholds Rule 28(2), Bars Retrospective Levy Before 26 Oct 2023Section 122(1A) CGST Act Explained
Who Is Personally Liable for GST Fraud Penalties
A practitioner's explainer on Section 122(1A) of the CGST Act — who counts as "any person" for personal GST fraud penalty liability, how it interacts with a firm's own penalty, and what evidence establishes individual exposure.
Read: Who Is Personally Liable for GST Fraud Penalties