Extended period cannot be invoked as appellant is government company

Central Registry of Securitisation Vs Principal Commissioner CGST (CESTAT Delhi) CESTAT Delhi held that when a government company is involved there will be a rebuttable presumption regarding non­existence of any of the ingredients mentioned in the proviso to section 73(1) of the Finance Act. Accordingly, extended period of limitation couldn’t be invoked. Facts- M/s. Central Registry of Securitisation, Asset Reconstruction and Security Interest of India has filed this appeal to assail the order dated 22.05.2017 passed by the Commissioner, Service Tax, Delhi-III Commissionerate by which the d...