Low-cost airline SpiceJet has been granted relief from the Punjab and Haryana High Court which has asked the GST department to consider and pass an order on the airline’s plea of paying the tax dues in instalments.
GST authorities issued a notice in late July, asking SpiceJet to pay tax liabilities of Rs 80.6 crore and furnish details of movable and immovable properties, warning that they would initiate recovery proceedings if the payment was not made.
SpiceJet did not dispute the tax liability in its petition. The company, however, opposed any recovery proceedings and requested the tax authorities to allow it to pay the dues in 24 instalments, instead of a single payment.
“Having heard the learned counsel appearing for both the parties, we find the prayer of learned senior counsel for the petitioner to be a fair one. Consequently, we dispose of this writ petition with a direction to the Excise and Taxation Commissioner of State Tax, Haryana to decide the representation by passing a speaking order within a period of two weeks from the date of receipt of certified copy of this order,” the court said in its order.
“Since the tax liabilities were never opposed by SpiceJet and it had requested the authorities to pay in instalments due to the unprecedented hit to business because of Covid-19. Since the dues were never opposed by the company and instead more time was sought, to clear the dues, a writ petition was filed opposing recovery proceedings. The court has recognised this and has asked the tax authorities to decide on the company’s request,” said advocate Anuj Dewan, who represented SpiceJet in the case.
20/08/21 Arindam Majumder/Business Standard
To Read the News in full at Source, Click the Headline
0 comments:
Post a Comment