Sujana Universal Industries Ltd & Ors Vs Union Of India
Date: April 18, 2019
Court: High Court
Bench: Telangana
Type: Writ Petition
Judge(s)/Member(s): THE HON’BLE SRI JUSTICE V.RAMASUBRAMANIAN AND THE HON’BLE SRI JUSTICE P. KESHAVA RAO
Subject Matter
Nothing wrong in the CGST authorities thinking that persons involved in circular trading be arrested. No relief for Sujana directors.
Summary
The main allegation of the Department against the petitioners is that they are guilty of circular trading by claiming input tax credit on materials never purchased and passing on such ITC to companies to whom they never sold any go…