Union Of India Vs Yasho Industries Limited
Date: May 18, 2025
Court: Supreme Court
Type: Special Leave Petition
Judge(s)/Member(s): B.V. NAGARATHNA, SATISH CHANDRA SHARMA
Subject Matter
Electronic Credit Ledger could be utilized for pre-deposit requirements
Summary
The Supreme Court of India dismissed a Special Leave Petition filed by the Union of India, thereby upholding a Gujarat High Court judgment that allowed Yasho Industries Limited to use its Electronic Credit Ledger (ECL) to pay the pre-deposit for its…
FULL TEXT OF THE SUPREME COURT JUDGMENT/ORDER In Special Leave Petition (C) Nos. 25437/2023 and 324/2024, the Assessees have preferred the petitions before this Court which have been entertained. When the Revenue has preferred Special Leave Petition (C) D.No.508/2025, reliance has been placed on the fact that the Assessees petitions have been entertained by this Court and therefore on that basis n…