This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Amounts credited due to a clerical RTGS error cannot be retained or recovered as tax dues
Case Law Details
- Case Name
- Jai Balaji Industries Limited & Anr. Vs Assistant Commissiioner of Sale Tax & Ors. (Calcutta High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Calcutta High Court
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
Advertisement
Jai Balaji Industries Limited & Anr. Vs Assistant Commissiioner of Sale Tax & Ors. (Calcutta High Court)
In Jai Balaji Industries Limited & Anr. v. Assistant Commissioner of Sales Tax & Ors., the Calcutta High Court held that funds mistakenly transferred due to a clerical RTGS error cannot be treated as tax recoverable from a third party under Section 79 of the CGST/WBGST Act. Jai Balaji Industries had intended to remit ₹20 lakh to a vendor but, due to a typographical error in the account number (ending “8025” instead of “8005”), transferred the amoun...
Author Info
