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2021 (12) TMI 838

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..... led by the petitioner well within time. The commissioner has also afforded opportunity of hearing. However, he needs to pass an order which since has not come, the petitioner is before this Court. Let such order be passed within 3 days. Any further actions on the part of the respondents if aggrieved by the outcome shall be permissible under the law. Application disposed off. - R/SPECIAL CI .....

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..... Tax Act, 2017. 2. It appears that search proceedings had been carried under sub-section (2) of section 67 of the CGST Act at the registered premises of the petitioner and residential premises of the petitioner as well as the premises of the staff and consultants. The allegation is to the effect that the petitioner has availed Input Tax Credit on the basis of fake invoices issued by fictitious f .....

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..... nue his business operations. 4. The petitioner has given a chart showing the worth of his movable and immovable properties and the possible statutory liability, if at all, that is finalized by the authorities. He therefore has urged that the business transaction should be permitted and non-attending to his grievances within the statutory time period is the reason for him to approach this Court .....

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..... ain the stock and debtors balance at ₹ 1,91,41,848/- ₹ 9,40,00,000/- respectively and subsequently allow it to conduct business operations with stock and debtors beyond the above values; (e) to issue order(s), direction(s), writ(s) or any other relief(s) as this Hon ble Court deems fit and proper in the facts and circumstances of the case and in the interest of justice; (f .....

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