GSTUPDATE

????Desk of CA. Praveen Sharma Series- 530???? 

MADRAS HIGH COURT IN THE CASE Indian Oil Lng Private Limited Section 73 of the CGST Act, 2017-

????The petitioner, involved in LNG services, challenged a tax order dated 25.04.2024, arguing they were not given a fair chance to contest a GST demand After an audit, a show cause notice was issued on 22.12.2023, to which the petitioner responded on 16.02.2024 and provided additional documents on 22.04.2024. 

????However, the order was issued three days later, treating Rs. 470.38 crore as taxable, resulting in a GST demand of Rs. 84 crore out of Rs. 100 crore. The petitioner claimed that Rs. 398.11 crore was for EPC contractors and that the documents were too extensive to provide all at once.

????The court found the assessment officer's conclusions unjustified due to incomplete documentation and set aside the order. The petitioner was required to pay Rs. 50 lakh towards the disputed demand within three weeks and submit additional documents. 

????The assessing officer must then provide a fair hearing and issue a new order within four months.

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