Hindalco Industries Limited Versus The Union of India & Others
GST
2018 (3) TMI 538 – BOMBAY HIGH COURT – TMI
BOMBAY HIGH COURT – HC
Dated:- 5-3-2018
WRIT PETITION NO. 11403 OF 2016, CIVIL APPLICATION NO. 534 OF 2017
GST
S. C. Dharmadhikari And Prakash D. Naik, JJ.
\nMr. V. Sridharan, Senior Counsel a\/w Mr. Jas Sanghavi i\/by PDS Legal for the Petitioner
\nMr. Swapnil Bangur a\/w Shalaka A. Gujar Karande for Respondent
\nORDER
\nP. C.
\nWe have heard on earlier occasion Mr. Prakash Shah and today Mr. Sridharan, the learned Senior Counsel appearing for the Petitioner and Mr. Bangur appearing for the Respondents.
\n2 There is an affidavit-in-reply filed in terms of our earlier directions. Mr. Sridharan, on instructions, states t<\/p>\n
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Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n evision Authority. If the petitioner succeeds then amount of Rs. 5,07,59,409\/included in eight Rebate orders sanctioned by Deputy Commissioner (Rebate) that is already with the Petitioner gets approval of Revision Authority and no further action will be taken by the department for recovery of said amount. However, if the Petitioner fails then the Petitioner is required to pay Rs. 5,07,59,409\/to the department and claim equivalent amount as credit. But in view of Section 142(3) of CGST Act, 2017, this amount is to be paid in cash. Thus, even if Petitioner fails no action will be taken by the department for recovery of said amount in view of enactment of transitional provisions under the CGST Act. Hence there is no gain to either the petition<\/p>\n = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n","protected":false},"excerpt":{"rendered":" Hindalco Industries Limited Versus The Union of India & OthersGST2018 (3) TMI 538 – BOMBAY HIGH COURT – TMIBOMBAY HIGH COURT – HCDated:- 5-3-2018WRIT PETITION NO. 11403 OF 2016, CIVIL APPLICATION NO. 534 OF 2017 GSTS. C. Dharmadhikari And Prakash D. Naik, JJ. Mr. V. Sridharan, Senior Counsel a\/w Mr. Jas Sanghavi i\/by PDS Legal … Continue reading “Hindalco Industries Limited Versus The Union of India & Others”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-10862","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/10862","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10862"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/10862\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10862"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10862"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10862"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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