2021 (6) TMI 185 - SCH - Service Tax

Refund of service tax due to retrospective exemption - period of limitation - Validity and Vires of Section 103(3) of the Finance Act 1994 - HELD THAT - It was held by the High Court that The substantive right to claim the refund in favour of the petitioner would be under Section 103 of the Finance Act 2014. Therefore subsection (3) of Section 103 of the Finance Act 1994 cannot be said to be discriminatory and/or violative of Article 14 of the Constitution of India as contended on behalf of the petitioner. The view taken by the High Court is a possible view. Hence the special leave petition is dismissed.

Summary

The Supreme Court of India, in a 2021 judgment, declined to interfere with the High Court's decision, stating it was a possible view. The special leave petition was dismissed, and any pending applications were disposed of accordingly.