2025 (2) TMI 847 - SCH - GST

Delay in conclusion of proceedings under the Finance Act 1994 - requirement of completion of proceedings within one year - it was held by High Court that No steps were taken in the entire one year period which results in the frustration of the goal of expediency as required statutorily. The proceedings cannot be continued. HELD THAT - Looking at the quantum of the tax involved it is not required to interfere with the impugned judgment; hence the present special leave petition is dismissed.

Summary

The Supreme Court, with Hon'ble Chief Justice Sanjiv Khanna and Hon'ble Mr. Justice Sanjay Kumar presiding, dismissed the special leave petition after considering the quantum of tax involved and declined to interfere with the impugned judgment. It was clarified that the impugned judgment does not establish any legal principle, and any pending applications were disposed of. Delay was condoned in the proceedings.