2024 (3) TMI 1032 - SCH - VAT and Sales Tax

Settlement of dues - determination of tax liability under the M.P. Sales Tax Act, M.P. Vat Tax Act, Central Sales Tax Act and Entry Tax Act - HELD THAT - It is informed that proceedings under the SICA Act were concluded by the order passed by the Board for Industrial and Financial Reconstruction (BIFR) on 28.01.2024. A copy of the order dated 28.01.2014 is placed and it evidences that the issue relating to the tax claim by the State of Madhya Pradesh has attained finality. In view of the representation of the Government of Madhya Pradesh in the above referred order of BIFR that the Company had settled their dues, followed by the final direction of the BIFR, that Government need not attend further hearings, nothing remains for consideration in these appeals. Appeal disposed off.

Summary

Issues Involved:
Appeal against tax liability determination under various tax acts.

Judgment Summary:

1. The appeals originated from a High Court judgment regarding writ petitions challenging the tax liability determination under the M.P. Sales Tax Act, M.P. Vat Tax Act, Central Sales Tax Act, and Entry Tax Act. The Commercial Tax Officer's decision was upheld by the Additional Commissioner, leading to the filing of writ petitions. The High Court dismissed the petitions.

2. The appellant-company was under the purview of the Sick Industrial Companies (Special Provisions) Act, 1985 [SICA Act] while the Commercial Tax Officer proceeded with tax determination. The proceedings under the SICA Act concluded with an order from the Board for Industrial and Financial Reconstruction (BIFR) confirming the settlement of dues with the State of Madhya Pradesh.

3. The BIFR's order indicated that the company had settled its dues, leading to the exemption of the Commercial Tax Department from further hearings. Following this development, the Civil appeals were disposed of accordingly.