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
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Subject Matter

Nothing wrong in the CGST authorities thinking that persons involved in circular trading be arrested. No relief for Sujana directors.

Arrest

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…