2021 (1) TMI 930 - SCH - VAT and Sales Tax

Maintainability of application - HELD THAT - No explanation has been offered for inaction between 17.08.2017 until 10.02.2020 despite the tax amount involved is over Rs. 24 crores. List the matter after two weeks.

Summary

The Supreme Court of India, in a 2021 judgment, noted inaction from 17.08.2017 to 10.02.2020 regarding a tax amount exceeding Rs. 24 crores. The petitioner's counsel requested time to file a better affidavit, while the respondent's counsel argued that the appeal lacked merit as VAT had already been paid on the transaction. The court may impose exemplary costs in the next hearing scheduled after two weeks.