SC Examines VAT Levy on Natural Gas as State Claimed Sale Occurred in UP

State of Uttar Pradesh & Ors Vs Reliance Industries Limited & Ors (Supreme Court of India) In , the Supreme Court considered appeals arising from a judgment of the Allahabad High Court which had quashed assessment orders passed by the State of Uttar Pradesh under the Uttar Pradesh Value Added Tax Act, 2008 in relation to the sale of natural gas extracted from the KG-D6 block by Reliance Industries Limited and its consortium partners. The dispute concerned whether the transactions involving sale and transportation of natural gas constituted inter-State sales governed by the Central Sale...